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UAE Reportedly Requests Info on 19 Saudis' Bank Accounts Amid Corruption Probe

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As part of a sweeping anti-corruption purge initiated by Crown Prince Mohammed bin Salman, Saudi authorities have already detained a number of cabinet ministers, leading businessmen and 11 princes.

On Thursday, the United Arab Emirates (UAE) central bank requested that the country’s banks and finance firms reveal the accounts of 19 Saudi nationals currently detained amid an ongoing corruption probe, Reuters reported, citing sources in Abu Dhabi.

The list of the arrested Saudi citizens includes Prince Alwaleed bin Talal, chairman of international investment firm Kingdom Holding.

Khaled al Otaiby, an official of the Saudi oil company Aramco watches progress at a rig at the al-Howta oil field. - Sputnik International
Saudi Arabia's 'Purge' Unlikely to Affect Oil Prices in Long Run - Analysts
There have been unconfirmed reports that the UAE authorities were acting at Riyadh’s request.

Reuters learned that the banks had not been asked to freeze the suspects’ accounts.

Meanwhile, Saudi authorities say they are looking for billions of dollars’ worth of ill-gotten assets from the arrested business executives and government officials.

On Sunday, King Salman decreed the creation of an anti-corruption committee chaired by his 32-year-old son Prince Mohammed.

The new body has broad powers to investigate cases, issue arrest warrants,  restrict travel and freeze assets.

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