Times of Islamabad

Saudi Arabia sets up Anti Corruption Bureau after recovering 106 billion from 11 princes and 38 Ministers

Saudi Arabia sets up Anti Corruption Bureau after recovering 106 billion from 11 princes and 38 Ministers

RIYADH – Saudi Arabia has formed a new office to monitor state spending andkeep up the fight against corruption, Saudi Press Agency reported onTuesday.

The formation of Nazaha, the anti-corruption office, will end the 15-monthanti-corruption crackdown led by Saudi Crown Prince Mohammed bin Salman AlSaud.

The crown prince said earlier that the crackdown was launched in 2017 andwould continue under the Nazaha office, which would be part of the GeneralAuditing Bureau.

Saudi Arabia arrested 11 princes and 38 sitting and former ministers aswell as deputy ministers over corruption charges in November 2017.

The crown prince defended his campaign as “shock therapy” in a bid todevelop and diversify the economy. The royal court said that the operationrecovered more than 106 U.S. billion dollars via settlements.

Saudi King Salman bin Abdulaziz Al Saud said that the government wouldcontinue to protect public funds. – APP/Xinhua