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Saudi Arabia drops statute of limitations from anti-corruption law

RIYADH (Reuters) - Saudi Arabia amended an anti-corruption law on Tuesday to remove a 60-day statute of limitations for investigating allegations against current or former ministers, as part of efforts to tackle graft and abuse of power in the world's top oil exporter. "This amendment will enable the (National Anti-Corruption) Commission and competent authorities to carry out their tasks effectively and efficiently to protect public money, the state's interests and the national economy from corruption," the commission's chairman, Khalid bin Abdul Mohsen Al-Muhaisen, was quoted as saying by state news agency SPA. Authorities rounded up dozens of princes, top officials and businessmen last November on Crown Prince Mohammed bin Salman’s orders, with many confined and interrogated at Riyadh’s Ritz-Carlton Hotel

The post Saudi Arabia drops statute of limitations from anti-corruption law appeared first on Firstpost.

Tue, 25 Sep 2018 20:35:30 +0000

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