{"id":2091,"date":"2017-12-06T03:10:52","date_gmt":"2017-12-06T04:10:52","guid":{"rendered":"https:\/\/madaresharghi.com\/majority-of-arrested-saudi-figures-agree-to-monetary-settlements-official\/"},"modified":"2017-12-06T03:10:52","modified_gmt":"2017-12-06T04:10:52","slug":"majority-of-arrested-saudi-figures-agree-to-monetary-settlements-official","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/majority-of-arrested-saudi-figures-agree-to-monetary-settlements-official\/","title":{"rendered":"Majority of arrested Saudi figures agree to monetary settlements: official"},"content":{"rendered":"

madaresharghi<\/a>
\n<\/p>\n

The majority of high-profile figures recently detained in Saudi Arabia\u2019s mass purge of royals and businessmen have agreed to monetary settlements in exchange for their freedom, the Saudi attorney general says.<\/h2>\n<\/p>\n
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\n\tSheikh Saud al-Mojeb said in a Tuesday statement that most of the 159 Saudi figures detained at Riyadh\u2019s Ritz-Carlton hotel have agreed to a \u201csettlement\u201d or reimbursement of allegedly ill-gotten gains to the Saudi state treasury, presstv.com wrote.<\/p>\n

\n\t\u201cThe necessary arrangements are being finalized to conclude such agreements,\u201d statement noted.<\/p>\n

\n\tThe attorney general also said the bank accounts of 376 individuals detained over corruption allegations have been frozen.<\/p>\n

\n\tMojeb had previously estimated that at least $100 billion had been misused by the suspects through systematic graft and embezzlement over several decades.<\/p>\n

\n\tLast week, Saudi Prince Miteb bin Abdullah, a son of the former Saudi king, was freed after reaching a $1-billion \u201cacceptable settlement agreement\u201d with the kingdom\u2019s authorities.<\/p>\n

\n\tOn November 4, dozens of Saudi princes, ministers, and former ministers were detained on the orders of Saudi Arabia\u2019s so-called Anti-Corruption Committee headed by Crown Prince Mohammed bin Salman.<\/p>\n

\n\tFormer spy chief Prince Bandar bin Sultan as well as billionaire Prince Al-Waleed bin Talal are among the notable businessmen and royals incarcerated in the biggest purge of the country\u2019s elite in the kingdom\u2019s modern history.<\/p>\n

\n\tThe kingdom also blocked the assets of the crown prince\u2019s cousin, Mohammed bin Nayef, who reportedly continues to be under house arrest.<\/p>\n

\n\tNayef was the crown prince until June when he was ousted by King Salman and replaced by his son.<\/p>\n

\n\tThe detained individuals are facing allegations of money laundering, bribery, extorting officials, and misappropriation of public funds for personal benefits.<\/p>\n

\n\tThe crackdown is believed to be a self-promotion campaign launched by the crown prince aimed at consolidating his power.<\/p>\n

\n\tOn November 22, DailyMail.com cited a Saudi source as saying that Saudi Arabia was using US mercenaries to torture the detained Saudi elites. The source noted that Mohammed Bin Salman himself conducted some of the interrogations.<\/p>\n

\n\tAccording to another report by the New York Times, Habib el-Adly, Egypt\u2019s former security chief during the Mubarak-era, notorious for his track record of brutality and use of torture, was serving as an advisor to Mohammed bin Salman during the mass purge.<\/p>\n

\n\tInformed sources say the number of the arrestees actually stood at more than 500, and that twice that number had been questioned.<\/p>\n

\n\tThe purge followed an earlier roundup of Muslim clerics, writers, economists, and public figures.<\/p>\n

\n\tSaudi Arabia\u2019s ailing 81-year-old King Salman has been reportedly suffering from partial dementia and is said to be contemplating an abdication in favor of his son.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

madaresharghi The majority of high-profile figures recently detained in Saudi Arabia\u2019s mass purge of royals and businessmen have agreed to monetary settlements in exchange for their freedom, the Saudi attorney general says. Sheikh Saud al-Mojeb said in a Tuesday statement that most of the 159 Saudi figures detained at Riyadh\u2019s Ritz-Carlton hotel have agreed to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[296,118,28,31,159,639,178,56,213,84,95,82,68,22,23,27],"yoast_head":"\nMajority of arrested Saudi figures agree to monetary settlements: official - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/majority-of-arrested-saudi-figures-agree-to-monetary-settlements-official\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Majority of arrested Saudi figures agree to monetary settlements: official - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"madaresharghi The majority of high-profile figures recently detained in Saudi Arabia\u2019s mass purge of royals and businessmen have agreed to monetary settlements in exchange for their freedom, the Saudi attorney general says. 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