Saudi Arabia: 201 detained, $100 billion lost in corruption
The potential scale of corrupt practices which have been uncovered is very large
Abu Dhabi - Emirates Voice
Saudi Arabia announced on Thursday it has detained 201 people as part of a sweeping probe, estimating that at least $100 billion has been misused through embezzlement and corruption in past decades.
The kingdom's Attorney General Saud Al Mojeb said in a statement that 208 people had been called in for questioning since Saturday evening, and that seven people were released without charge, leaving 201 people still in detention.
The figure released by the government is far larger than previously reported as it appears more arrests were made throughout the week.
"The potential scale of corrupt practices which have been uncovered is very large," the information ministry said in a statement. "Based on our investigations over the past three years, we estimate that at least $100 billion has been misused through systematic corruption and embezzlement over several decades," the ministry said.
The government has declined to name the individuals being questioned, saying it is respecting their privacy during this phase of the process.
Source: Khaleej Times
GMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 18:36 2017 Wednesday ,29 November
Islamic banking assets surge 6 percent to AED535 billionGMT 13:38 2017 Monday ,27 November
ADX holds second annual forum for listed companies this yearGMT 21:36 2017 Wednesday ,08 November
Paradise Papers expose tax haven secrets of ultra-wealthyGMT 15:06 2017 Tuesday ,07 November
Cryptocurrencies to disrupt UAE remittance market
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 05:14 2024 Wednesday ,07 February
Sophisticated Classic Dining Room Design Ideas
GMT 16:17 2018 Thursday ,30 August
Five Saudi women pilots granted GACA licences
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assault
GMT 09:45 2015 Tuesday ,06 January
Kaley Cuoco apologises for 'I'm not a feminist' remark
GMT 05:44 2013 Thursday ,17 October
Egypt star Abou Trika to retireGMT 22:56 2011 Tuesday ,09 August
Old South Africa collides with new in city namesGMT 14:10 2012 Wednesday ,22 February
Joumana Mourad to wear the veil
GMT 12:42 2016 Tuesday ,16 August
God, motivation and guacamoleGMT 13:32 2011 Monday ,17 October
Imtiaz Ali rocks Kashmiri weddingsGMT 00:30 2012 Sunday ,01 April
New Kardashian swimwear lineGMT 03:18 2012 Friday ,24 February
Cameron Diaz elegant lookGMT 05:05 2011 Wednesday ,23 November
Shahinaz prepares for big concertGMT 12:00 2011 Wednesday ,27 July
Sheryl Crow donates mercedes to help JoplinGMT 07:53 2011 Sunday ,03 July
Treasure found in IndiaGMT 06:25 2012 Monday ,23 April
La Fille Mal Gardée
GMT 15:27 2013 Sunday ,30 June
We resigned from the council to pressurise MorsiGMT 11:31 2012 Tuesday ,10 January
Giant whales act as pets
GMT 13:18 2015 Wednesday ,07 October
Eminem to headline Latin American Lollapalooza fests
GMT 14:37 2014 Wednesday ,17 December
Kadim al-Saher to perform liveGMT 01:15 2012 Friday ,30 March
University of Dubai president on his successGMT 07:54 2012 Monday ,20 February
Messi slices Los Che apart
GMT 01:22 2016 Thursday ,21 April
Sharjah Crown Prince Inaugurates Eighth Edition of Sharjah Children's Reading Festival
GMT 05:04 2013 Saturday ,07 December
Pakistan\'s Malala hails Nelson Mandela
GMT 22:58 2015 Saturday ,19 September
Al-Azhar mourns UAE’s Sheikh Rashid bin Mohamed bin Rashid Al-Maktoum
GMT 12:18 2013 Wednesday ,17 July
Spotlight on South African school with zero passGMT 18:00 2011 Saturday ,09 July
Argentine singer shot dead in GuatemalaGMT 15:02 2011 Friday ,22 April
GCC draws road map for Saleh\'s departure
GMT 17:02 2014 Tuesday ,25 March
Chef Baehrel owns the most exclusive restaurant
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor