Friday, 23 March 2018
New York
Saudi anti-corruption drive: Detainees offered pardon
Wednesday, 6 December 2017 14:06 WIB | GLOBAL |Global

Most of those detained in a sweeping anti-corruption drive in Saudi Arabia have agreed settlements with the authorities in exchange for a pardon, the attorney general says.

Prominent figures, including princes, ministers and businessmen, were taken into custody last month.

A statement said that 320 people have been called in for questioning while 159 are currently being detained.

Those who denied the allegations or refused settlements face prosecution.

The names of those held has still not been made public, but last week Prince Miteb bin Abdullah, who was once seen as a contender to the throne, was released after agreeing an "acceptable settlement" with authorities of more than $1bn (£750m).

The nature of the charges also remains unclear but the attorney general's statement said "internationally applied procedures" had been followed. Detainees have been held in a luxury hotel in the capital Riyadh.

Saudi Arabia's Crown Prince, Mohammed bin Salman, has rejected as "ludicrous" analysts' suggestions the anti-corruption campaign was a power grab.

Prince Mohammed, who at 32 is heir apparent, heads the anti-corruption committee and is the Saudi defence minister, told the New York Times many of those detained had already pledged allegiance to him.

Many ordinary Saudis have welcomed the move to tackle corruption with the hope that some of their nation's oil wealth will be redistributed to the general population.

Source: BBC

Arise Sir Ringo: Beatles Drummer Knighted at Buckingham Palace...
Friday, 23 March 2018 10:30 WIB

Mantan penggebuk drum Beatles, Ringo Starr, dianugerahi gelar bangsawan dalam upacara di Istana Buckingham, Selasa (20/3). Usai acara, dia bercanda dengan para wartawan: "Saya harap anda mencantumkan ...

Trump's Unorthodox North Korea Diplomacy Begins at Top...
Friday, 23 March 2018 04:12 WIB

Keputusan mendadak Presiden Amerika Donald Trump untuk bertemu dengan pemimpin Korea Utara Kim Jong-un, tanpa terlebih dahulu menyusun kerangka kerja kesepakatan nuklir, dapat menghasilkan kesepakatan...

North Korea: 'Peace Offensive' With US, South Korea Shows Strength...
Thursday, 22 March 2018 10:14 WIB

Korea Utara menyatakan bahwa "kampanye perdamaian" barunya dengan Amerika Serikat dan Korea Selatan adalah karena kekuatan nasional, bukan tekanan sanksi ekonomi internasional yang bertujuan untuk men...

Texas Bombings Suspect Killed Himself as Police Closed In...
Thursday, 22 March 2018 02:46 WIB

Polisi di Austin, Texas, mengatakan, Rabu (21/3), tersangka pelaku serangkaian serangan bom paket tewas setelah meledakan bom di mobilnya di sebuah jalan raya sewaktu dalam pengejaran polisi. Kepala ...

Myanmar President, Close Aung San Suu Kyi Friend, Retires...
Wednesday, 21 March 2018 21:12 WIB

Presiden Myanmar Htin Kyaw mengundurkan diri. Pengunduran diri Kyaw, yang merupakan sahabat dekat Aung San Suu Kyi, ini menempatkan perwakilan militer yang kuat di negara itu, setidaknya untuk sementa...

Expect A Hawkish Fed; So Bad News For Gold? - CME Group

Due to a strong labor market and an expanding...

Arise Sir Ringo: Beatles Drummer Knighted at Buckingham Palace

Former Beatles drummer Ringo Starr was knighted at Buckingham Palace on Tuesday and joked with reporters afterwards: "I expect you to use my title." The 77-year-old, originally from Liverpool and now based in Los Angeles, was honored for his...

Nikkei Tumbles on Trade War Fears, Firms With China Exposure Most Hit

Japan™s Nikkei share average tumbled on Friday to its lowest level since mid-October on concerns over escalating global trade tensions that triggered a spike in the yen. U.S. President Donald Trump signed a presidential memorandum on Thursday...

Yen Jumps Past 105 First Time Since 2016 Amid Trade War Concerns

The yen strengthened past 105 per dollar for the first time since November 2016 on haven demand as fears over a potential trade war between the U.S. and China escalated. USD/JPY dropped as much as 0.6% to 104.64, its lowest level since...