January 31, 2018 1:20 PM

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Saudi's Attorney General says settlement in anti-corruption crackdown valued at $106 bln

Saudi Arabia's Attorney General has said, a sweeping anti-corruption drive in the country has generated an estimated 106.7 billion US dollars in settlements. Attorney General, Sheikh Saud al-Mojeb said 56 of the 381 people called in for questioning since 4 November remained in custody. <br/><br/>The others had been cleared or admitted guilt and handed over properties, cash, securities and other assets, he added. Mojeb, however, did not name any of those involved, but they reportedly include princes, ministers and businessmen.<br/><br/>Last week, Finance Minister Mohammed al-Jadaan said the money recovered through the settlements would be used to fund a 13.3 billion US dollar programme to help Saudi citizens cope with the rising cost of living.<br/>The anti-corruption drive is being spearheaded by Crown Prince Mohammed bin Salman. He said many of those detained had pledged allegiance to him since he became the heir apparent in June.<br/><br/>

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