Saudi purge looks set to meet its USD 100 bn target

Mohamed bin Salman’s self-styled corruption crackdown is nearing its target of USD 100 bn, as settlement talks with officials, princes, and businessmen caught up in the “anti-corruption probe” appear to be winding down, Bloomberg reports. Authorities have already agreed to drop charges against about 90 suspects, who were released, Attorney General Sheikh Saud Al Mojeb said in a separate interview at the Ritz-Carlton late on Sunday. About 95 people were still at the hotel, including five weighing settlement proposals, with the others reviewing evidence presented against them, he said.