Crown Prince Mohammed Bin Salman (MBS) initiated a massive anti-corruption operation last year. Today, just as a Qatari delegation arrives in DC and concedes to the terms of the alliance, Reuters is reporting the resulting Saudi asset seizures total more than $106 billion.
RIYADH (Reuters) – Saudi Arabia’s government has arranged to seize more than $100 billion through financial settlements with businessmen and officials detained in its crackdown on corruption, the attorney general said on Tuesday.
The announcement appeared to represent a political victory for Crown Prince Mohammed bin Salman, who launched the purge last November and predicted at the time that it would net about $100 billion in settlements.