Saudi authorities agreed to close corruption case to Public Prosecution for trial

Vastavam web: Saudi authorities are still holding 95 people in a purported anti-corruption campaign that was launched nearly three months ago by the kingdom’s influential crown prince, Saudi press quoting the attorney general reported today.A Saudi infographic shared on social media said that detainees who have not agreed on financial settlements to close their case will soon be referred to the Public Prosecution for trial.The prince is chairman of the publicly traded Kingdom Holding, which has investments in twitter, Apple, Citigroup, and the Four Seasons hotel chain. He is also an investor in ride-sharing services Lyft and Careem.

If a financial agreement cannot be reached, the attorney general has previously said that detainees will be prosecuted, investigated further and could face six months or more imprisonment.While the Saudi public has for decades complained of rampant government corruption and misuse of public funds by top officials, the arrests of top business figures and princes, and the secrecy shrouding who was detained and what their alleged crimes were, have foreign investors worried.State-linked Sabq news website quoted Attorney General Saud al-Mojeb today as saying 90 detainees in total have been released after agreeing to settlements involving cash, real estate and other assets. He says a total of 350 people were questioned in the sweep.Crown Prince Mohammed bin Salman was even filmed kissing Prince Miteb’s shoulder in a sign of respect.

The crown prince heads the anti-corruption committee that was formed by his father, King Salman. The committee has carried out the orders of arrest, investigations and negotiations.The committee has previously said that investigators uncovered at least USD 100 billion in corruption.