Pay and go home, is the conclusion that can be deducted from an article published by the “Financial Times” daily about the interrogations conducted by Saudi Arabia with princes and officials who were arrested on November 4, on corruption charges.
The daily revealed that the Saudi authorities are offering some of the detained to renounce 70% of their wealth and give it to the state’s treasury in exchange for their release, adding that one of the detainees has agreed to pay but agreement has not yet been reached over the mechanism to return the money.
“The settlements aim to recover billions of dollars allegedly accrued through corruption at a time when the government is grappling with a recession triggered by prolonged low oil prices and a budget deficit of $79bn last year,” the newspaper stated.
“The attorney-general has said he is investigating allegations of corruption amounting to at least $100bn. People briefed on the negotiations say the government wants to take back at least that figure, though the target may rise to as much as $300bn,” the article read.
For more details, watch the full report in the video above