Hoards of cash seized in Saudi Arabia ‘mini Ritz’ corruption crackdown

//Hoards of cash seized in Saudi Arabia ‘mini Ritz’ corruption crackdown

Hoards of cash seized in Saudi Arabia ‘mini Ritz’ corruption crackdown

Hoards of cash, some of it squirrelled away in false ceilings and water tanks, have been seized in a widening anti-corruption crackdown in Saudi Arabia that has evoked both awe and fear.The clampdown, which has ensnared top-ranking military officials as well as low-level bureaucrats, is widely dubbed as a “mini Ritz” operation, a reference to a 2017 swoop that saw princes and tycoons locked up in Riyadh’s Ritz-Carlton hotel on corruption charges.In dramatic gumshoe-style investigations…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-12-14T05:33:52+00:00 December 14th, 2020|World|Comments Off on Hoards of cash seized in Saudi Arabia ‘mini Ritz’ corruption crackdown