Saudi hopes purge will help push to join anti-illicit funding body


  • World
  • Thursday, 14 Dec 2017

DUBAI (Reuters) - Saudi Arabia has high hopes that a campaign of arrests to crack down on corruption will improve its chances of joining the Financial Action Task Force, a global body dedicated to combatting illicit money flows.

The kingdom, one of only two G20 nations along with Indonesia which is not a FATF member, has tried for years to shake off a reputation as a breeding ground for corruption and terror financing.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In World

EU official says remarks to Georgian PM on Slovak assassination attempt 'taken out of context'
Urgent: 2 killed in building collapse on Spain's Mallorca island
FLASH: 2 DIE, 12 INJURED IN BUILDING COLLAPSE IN SPAIN: MEDIA
3 killed, 5 wounded in armed clash in T�rkiye's Istanbul
U.S. stocks close lower
T�rkiye, Arab world pledge to boost financial cooperation
Crude futures settle lower
Tanzania to open 100 Kiswahili teaching centers worldwide
U.S. dollar ticks up
Czech president injured on motorcycle ride

Others Also Read