Saudi Graft Suspects Are Starting to Make Payments for Freedom
- Detainees are said to work with officials to transfer assets
- Kingdom could raise up to $100 billion from payments: offical
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Saudi suspects being held as part of the kingdom’s crackdown on alleged corruption are starting to make payments to settle cases in exchange for freedom, according to people with knowledge of the matter.
Some businessmen and officials being detained at the Ritz-Carlton are signing agreements with authorities to transfer a portion of their assets to avoid trial, the people said, asking not to be identified because the discussions are private. Some detainees have started to transfer funds from personal accounts to government-controlled accounts, the people said.