World

Saudi anti-corruption drive generates $106bn in settlements

January 30, 2018 4:19 pm

A sweeping anti-corruption drive in Saudi Arabia has generated an estimated $106.7bn (£75.6bn) in settlements, the kingdom’s attorney general has said.

Sheikh Saud al-Mojeb said 56 of the 381 people called in for questioning since 4 November remained in custody.

The others had been cleared or admitted guilt and handed over properties, cash, securities and other assets, he added.

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Sheikh Mojeb did not name any of those involved, but they reportedly include princes, ministers and businessmen.

In recent days, the billionaire investor Prince Alwaleed bin Talal and Alwalid al-Ibrahim, owner of the Arab satellite television network MBC, were released from detention at the Ritz-Carlton Hotel in Riyadh’s diplomatic quarter.