Saudi Anti-Corruption Probe Believes '$100bn Was Embezzled'



L.A. Times: Saudi Arabia says anti-corruption sweep has snared more than 200

Saudi Arabia officials say more than 200 people have been summoned for questioning as part of a burgeoning investigation encompassing up to $100 billion in corruption-related wrongdoing.

A statement issued Thursday by the kingdom’s attorney general, Saud Mojeb, said a total of 208 individuals had been called in for questioning, with all but seven of them placed in detention.

Those caught up in an unprecedented crackdown that began in earnest over the past weekend include tycoons, VIPs and some members of the Saudi royal family.

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WNU Editor: The Saudi investigations are just beginning. I will not be surprised if in the coming weeks/months this $100 billion number will be higher.

Update: This is very telling .... Saudi Billionaires Scramble

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