Sunday, December 15, 2024
spot_img

Saudi Arabia freezes accounts of detained princes, businessmen

Date:

Share post:

spot_img
spot_img
Riyadh, Nov 6 (IANS) Saudi authorities have stated that they will be freezing the accounts of those detained on corruption charges, reported Al Arabiya.

The authorities said that no “preferential treatment” will be given and the cases will be handled as per procedure.

The Saudi Centre for International Communication stated that money in the frozen accounts which appears to be linked to corruption cases will be reimbursed to the Saudi state’s General Treasury.

Prominent princes and businessmen were detained in a probe by a new anti-corruption body on Sunday, only hours after its formation.

Saudi King Salman, by royal decree, announced the creation of a new anti-corruption committee chaired by his son Crown Prince Mohammed bin Salman on Saturday. Al Arabiya said the body had detained 11 princes, four current ministers and tens of former ministers.

The crown prince is spearheading an ambitious economic reform programme that aims to draw more foreign and private sector investment into the kingdom, which is the world’s top oil exporter and the most powerful country in the Gulf Arab region.

spot_img
spot_img

Related articles

India sends 60 tonnes of medical aid to disaster-hit Jamaica

New Delhi, Dec 15 : A fresh consignment of around 60 tonnes of emergency medical equipment, generators, and...

UP CM lauds PM Modi for honouring workers who built Ram Temple in Ayodhya

Mumbai (Maharashtra), Dec 15 : Lauding the 'respect' given to the labour force under the Bharatiya Janata Party...

‘Winter Whacking’: PM Modi lambasts Gandhi family; lists govt’s achievements

New Delhi, Dec 15: Prime Minister Narendra Modi, during his over 100-minute speech in the Parliament on Saturday,...