Saudi AG reveals corruption close to $100 billion, 7 suspects released without charge

Attorney General Saud Al-Mojeb. (Photo courtesy: social media)
Updated 12 November 2017
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Saudi AG reveals corruption close to $100 billion, 7 suspects released without charge

JEDDAH: Saudi Arabia has uncovered corruption to the tune of $100 billion.
In a statement on Thursday, Attorney General Saud Al-Mojeb said: “The investigations of the Supreme Anti-Corruption Committee are proceeding quickly ... The potential scale of corrupt practices which have been uncovered is very large.”
Based on the investigations over the past three years, Al-Mojeb estimated that “at least $100 billion has been misused through systematic corruption and embezzlement over several decades.”
He said a total of 208 individuals have been called in for questioning so far. Of them, “seven have been released without charge.”
Al-Mojeb, who is also the member of the anti-corruption committee, said the evidence for “this wrongdoing is very strong and confirms the original suspicions which led the Saudi authorities to begin the investigation into these suspects in the first place.”
 

He said given the scale of the allegations, the Saudi authorities, under the direction of the royal order issued on Nov. 4, had a clear legal mandate to move to the next phase of “our investigations, and to take action to suspend personal bank accounts.”
“On Tuesday, the governor of the Saudi Arabian Monetary Authority (SAMA) agreed to my request to suspend the personal bank accounts of persons of interests in the investigation,” he said.
Al-Mojeb admitted that there has been a great deal of speculation around the world regarding the identities of the individuals concerned and the details of the charges against them.
“In order to ensure that the individuals continue to enjoy the full legal rights afforded to them under Saudi law, we will not be revealing any more personal details at this time,” he said.
“We ask that their privacy is respected while they continue to be subject to our judicial process.”
He reiterated that it was important to repeat, as all Saudi authorities have done over the past few days, that normal commercial activity in the Kingdom is not affected by these investigations.
“Only personal bank accounts have been suspended. Companies and banks are free to continue with transactions as usual,” he said.
Al-Mojeb said: “The Government of Saudi Arabia, under the leadership of King Salman and Crown Prince Mohammed bin Salman, is working within a clear legal and institutional framework to maintain transparency and integrity in the market.”


Health campaign promotes quality care in Saudi Arabia

Updated 04 November 2024
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Health campaign promotes quality care in Saudi Arabia

RIYADH: The Ministry of Health has launched a campaign to promote health by enhancing access to and the quality and efficiency of health services and raising awareness of health risks, the Saudi Press Agency reported Monday.

The campaign “A Vibrant, Healthy Nation” introduces a modern healthcare model, offering integrated, individual-centered services aligned with Vision 2030’s goal of fostering a healthy society.

The ministry is committed to “enhancing public health, improving quality of life, and raising the Kingdom’s global healthcare standing.”

The campaign highlights the health transformation initiative’s positive impacts and informs citizens about its main features, aiming to engage all segments of society, SPA reported.

It emphasizes a shift from treating illness to prevention, involving primary care doctors and early detection programs.


Saudi environment ministry launches program to develop green tech

Updated 04 November 2024
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Saudi environment ministry launches program to develop green tech

  • Scheme seeks new ways to repurpose wastewater, looks at impact of microplastics

RIYADH: The Ministry of Environment, Water and Agriculture has opened applications for a new program to find ways to develop sustainable technologies in Saudi Arabia.

The Sustainable Innovation Fellowship Program aims to find ways to repurpose by-products from water treatment for the benefit of the environment; develop sustainable technologies for recycling membranes used in water treatment; and explore methods to reuse treated wastewater in desert and arid regions.

Supported by the Environment Fund and the Research, Development and Innovation Authority, the fellowship program will also assess the environmental impact of microplastics in water treatment plants, sewage, and wastewater.

In line with Saudi Vision 2030, the Ministry of Environment, Water and Agriculture is also introducing new e-services in accordance with international standards.


Industry meets creativity at Athar festival in Riyadh

Updated 04 November 2024
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Industry meets creativity at Athar festival in Riyadh

  • With workshops, discussions, and awards, the festival aims to drive growth in Saudi Arabia’s creative sectors

The second Athar Saudi Festival of Creativity will take place in Riyadh from Nov. 5 to 6.

Hosted by UAE-based Motivate Media Group and communications consultancy TRACCS, the festival will gather over 1,500 professionals and leaders from the creative marketing industry, featuring 100 regional and international speakers.

Ian Fairservice, managing partner and group editor in chief of Motivate Media Group, will chair the event, alongside Vice Chairman Mohammed Al-Ayed, CEO of TRACCS.

Pre-festival activities began on Nov. 3 with the Young Talent Academies, including the Student Creative Academy (in partnership with the Middle East Communications Network), the Student Marketers Academy, the NextGen Creative Academy, and the NextGen Marketers Academy.

These academies, featuring keynote sessions from industry experts, workshops, and a 24-hour hackathon, are open to full-time university students aged 18 to 25 and professionals under 30 in creative communications, marketing, or advertising.

The festival will continue on Tuesday and Wednesday with panel discussions, presentations, and fireside chats focused on redefining and growing the creative landscape in Saudi Arabia, the Middle East, and beyond, covering various sectors such as sports, entertainment, and tourism.

The event will conclude with the Athar Awards ceremony on the evening of Nov. 6.

Notable speakers include Sir Martin Sorrell, founder and executive chairman of S4 Capital PLC; Matt McKie, director of marketing for Manchester United; Waseem Kashan, executive director of marketing at ROSHN Group; Yahya Hamidaddin, vice president of corporate communications at ACWA Power; and Houda Tohme, CEO of Havas Media Middle East.

Sessions and keynotes will explore themes such as purpose-driven marketing, brand growth strategies, artificial intelligence, technology, cross-sector innovation, and unlocking creative potential.


Saudi Arabia and Iraq sign MoU on military cooperation

Updated 04 November 2024
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Saudi Arabia and Iraq sign MoU on military cooperation

  • Two defense ministers reviewed longstanding relations between their countries, focusing on ways to enhance defense ties

RIYADH: Saudi Defense Minister Prince Khalid bin Salman and his Iraqi counterpart Thabet Al-Abbasi signed a memorandum of understanding on Monday aimed at strengthening cooperation in the military field.

The agreement, signed during a high-level meeting in Riyadh, represents a significant step forward in defense collaboration between the Kingdom and Iraq, Saudi Press Agency reported.

During their discussions, the two ministers reviewed the longstanding relations between their countries, focusing on ways to enhance defense ties.

They emphasized the importance of continued cooperation to foster regional security and stability, particularly amid ongoing regional tensions.

Both ministers discussed recent developments and shared efforts aimed at de-escalating conflicts, prioritizing actions that support peace and security in the region.

The MoU establishes a framework for increased collaboration on military matters, allowing Saudi Arabia and Iraq to address shared security challenges more effectively and pursue mutual goals in defense, SPA added. 


Saudi Islamic affairs minister receives Chinese envoy

Updated 04 November 2024
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Saudi Islamic affairs minister receives Chinese envoy

Saudi Minister of Islamic Affairs, Dawah and Guidance Dr. Abdullatif Al-Asheikh received Chinese Ambassador to the Kingdom Chang Hua in Riyadh on Monday.

During the meeting, they exchanged cordial talks and discussed issues of common interest, particularly those related to Islamic work and promoting moderation and peaceful coexistence, the Saudi Press Agency reported.

Riyadh Gov. Prince Faisal bin Bandar received Ambassador of Iran to the Kingdom Alireza Enayati in Riyadh on Monday. They discussed bilateral relations and other topics of common interest.