Tag Archives: corruption

Saudi Ritz Carlton to reopen after being used as luxury prison in corruption purge

Saudi Ritz Carlton to reopen after being used as luxury prison in corruption purgeThe luxury Riyadh hotel used as a prison during Saudi Arabia's crackdown on corruption will reopen for business next month, suggesting authorities are close to settling the cases of many suspects. Dozens of princes, senior officials and top businessmen were detained and confined in the five-star Ritz-Carlton Riyadh as the government launched the purge in early November. The some 200 detainees occupied half the hotel's 492 rooms. The rest was closed to business. The hotel's website now accepts bookings from Feb. 14, quoting a nightly rate for its cheapest room of 2,439 riyals (£480). Saudi authorities have said they expect the vast majority of suspects to agree to financial settlements of charges against them, and that Riyadh hopes to recover about $ 100 billion of illicit funds. A small number are expected to be prosecuted. Construction giant Saudi Binladin Group said on Saturday that some of its shareholders might transfer part of their holdings to the state in a settlement with authorities. Chairman Bakr Bin Laden and several family members were detained in the crackdown. In late November, senior Saudi Prince Miteb bin Abdullah, once seen as a leading contender to the throne, was freed after reaching a settlement with authorities that involved paying more than $ 1 billion, according to a Saudi official. Another top businessman who has been held at the Ritz-Carlton is billionaire Prince Alwaleed bin Talal, chairman and owner of global investment firm Kingdom Holding. A Saudi official said this week that he was negotiating a possible settlement but so far had not agreed on terms. It has been rumoured, Mr Talal, one of the world’s richest men, could be forced to pay as much as $ 7bn. Saudi Arabia is in the midst of a massive political and economic shake-up, marked by the sudden appointment of Prince Mohammed bin Salman as crown prince in June. The 32-year-old son of the king has spearheaded the unprecedented crackdown on corruption among members of the government and royal family, as he consolidates his grip on power in the kingdom.



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Saudi Arabia to seek extradition of corruption suspects

Saudi Arabia to seek extradition of corruption suspectsSaudi Arabia’s public prosecutor has said he will pursue extradition for corruption suspects living abroad as part of a two-month-old crackdown that has already netted princes and tycoons. Evidence is being collected against “fugitives” in order to issue indictments against them and request that foreign governments return them to the kingdom, Saud al-Muajab told Arrajol magazine in an interview published on Thursday. Saudi security forces have rounded up dozens of members of the political and business elite, holding them in Riyadh’s opulent Ritz Carlton hotel on the orders of Crown Prince Mohammed bin Salman.



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Thousands march in Tel Aviv to protest against corruption and Netanyahu government

Thousands march in Tel Aviv to protest against corruption and Netanyahu governmentThousands of Israelis protested in Tel Aviv on Saturday for the second consecutive week against government corruption and Prime Minister Benjamin Netanyahu, who is under criminal investigation over allegations of abuse of office. Police estimated the number of demonstrators at about 10,000 and they followed last Saturday's demonstration, which was by far the largest of the recent weekly anti-corruption protests when an estimated 20,000 people participated. The protests have been sparked by corruption allegations against Netanyahu, who denies any wrongdoing. The four-term leader is suspected of involvement in two cases. The first involves receiving gifts from wealthy businessmen and the second involves negotiating a deal with a newspaper owner for better coverage in return for curbs on a rival daily. Israelis take part in a demonstration under the name "March of Shame" to protest against government corruption and Prime Minister Benjamin Netanyahu  Credit: Jack Guez/AFP If charged, he would come under heavy pressure to resign or could call an election to test whether he still had a mandate to govern. Netanyahu's right-wing Likud party said in a Facebook post that the protest was a left-wing demonstration. It called on all Israelis to back their prime minister as he defends Israel against international criticism following U.S. President Donald Trump's acceptance of Jerusalem as Israel's capital. "Instead of uniting with all the people behind Jerusalem and showing the world a unified front, the left cannot contain itself and it prefers to create division," part of the statement said. Over weeks of demonstrations, protesters have identified themselves as supporting both left- and right-wing parties. On Saturday they held banners reading: "Neither left, nor right (we demand) integrity," "We are fed up with corrupt (politicians)" and "Sweep the corrupt away."  



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Indicted Baltimore officer faces new corruption charges

Indicted Baltimore officer faces new corruption chargesBALTIMORE (AP) — An indicted member of a disbanded Baltimore police unit allegedly duped a fellow officer into discovering a cache of heroin he planted in a car during a 2010 arrest, authorities alleged in a new indictment announced Thursday.



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Chinese general being investigated for corruption kills self

Chinese general being investigated for corruption kills selfBEIJING (AP) — A former top Chinese general under investigation for major corruption has killed himself, official media reported Tuesday, denouncing his death as a "despicable" act to escape punishment.



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Top Chinese General Commits Suicide Amid Corruption Probe

Top Chinese General Commits Suicide Amid Corruption ProbeIt is the most senior suicide yet in President Xi Jinping’s five-year crackdown on graft



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Baltimore Detective Sean Suiter killed day before testimony in police corruption case

Baltimore Detective Sean Suiter killed day before testimony in police corruption caseWhen Suiter was killed with his own weapon, he was set to testify before a federal grand jury the next day against eight elite officers already indicted in a police corruption investigation.



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Vietnam prosecutes bank officials in corruption crackdown

Vietnam prosecutes bank officials in corruption crackdownVietnam has prosecuted five former officials of the unlisted Dong A Bank for violating rules that “lead to serious consequences”, police said on Friday, part of a widening investigation involving the Ho Chi Minh City-based lender. Energy and banking firms are at the heart of a sweeping crackdown on corruption in the communist state, a campaign that made global headlines this year when Germany accused Vietnam of kidnapping a Vietnamese businessman in Berlin. The troubled, partly private Dong A Bank is among several lenders under scrutiny of the authorities who say they want to tackle corruption, including abuse of power and violation of lending rules.



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Saudi Arabia says corruption probe detainees will face trial

Saudi Arabia says corruption probe detainees will face trialRIYADH, Saudi Arabia (AP) — Saudi Arabia's newly-established anti-corruption committee overseeing the arrests of top princes and officials said Monday that evidence of widespread corruption has been uncovered among "influential officials and senior executives" and that trials will soon be held, the first tacit government acknowledgement of the seniority of those under investigation.



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China to expand corruption supervision pilot scheme nationwide: Xinhua

China to expand corruption supervision pilot scheme nationwide: XinhuaChina will expand a pilot project for anti-graft supervision reforms nationwide next year that will consolidate existing corruption agencies, state-run news agency Xinhua reported, as President Xi Jinping expands his signature policy drive. Xinhua said in a report published late on Saturday China’s top legislature adopted a decision calling for new supervisory commissions to be set up by the People’s Congresses at provincial, city and county-levels to “supervise those exercising public power”. Xi’s signature anti-graft drive has jailed or otherwise punished nearly 1.4 million Communist Party members since 2012.



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