On Saturday 4 November, news broke that at least 11 members of the Saudi Royal Family, in addition to dozens of senior officials and prominent people in business, had been arrested as part of an anti-corruption probe by the Saudi anti-corruption committee. The committee had been created earlier that day by royal decree from King […]

Swiss banks step up SARS on Saudi clients Following reports about • the arrest last month of more than 200 people, including some of Saudi Arabia’s richest businessmen and princes. They were detained at the Ritz-Carlton hotel in Riyadh as part of an anti-graft operation launched by Crown Prince Mohammed bin Salman, the kingdom’s powerful […]

Seven cases of money laundering, reportedly worth SR16 billion ($4 billion), are under investigation in Saudi Arabia, according to local media. Thirty suspects of various nationalities – including Saudis – have been arrested and 15 of them released after questioning, Saudi Gazette reported. The Penal Court is to examine one case involving an alleged SR2 […]

The UK government is fighting to keep secret details of how it handled allegedly corrupt transactions related to a contract to equip Saudi Arabia’s national guard, saying that to disclose the information would jeopardise counter-terrorism co-operation. Two top officials this week testified before a tribunal in London in support of the Ministry of Defence’s decision […]