FILE PHOTO - Saudi Crown Prince Mohammed bin Salman presides over a meeting of the Council of Economic and Development Affairs in Riyadh, Saudi Arabia November 7, 2017. Picture taken November 7, 2017. Saudi Press Agency/Handout via REUTERS
DUBAI (Reuters) - The vast majority of about 200 businessmen and officials implicated in a sweeping crackdown on corruption are agreeing to settlements under which they hand over assets to the government, Crown Prince Mohammed bin Salman told the New York Times.
“We show them all the files that we have and as soon as they see those about 95 percent agree to a settlement,” which means signing over cash or shares in their companies to the Saudi Treasury, the newspaper quoted Prince Mohammed as saying.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
