Saudis need cash......
376 rich Saudis have their bank accounts frozen
159 are in the Ritz-Carlton Prison
Saudi officials have disclosed that 159 business leaders, including members of the royal family, have been detained at a five-star hotel in Riyadh during a corruption purge, with most having agreed to surrender assets in return for their freedom. The number, which is close to double that of initial estimates, was revealed a month after the announcement of a purge that Crown Prince Mohammed bin Salman said was aimed at overturning decades of unchecked corruption in Saudi Arabia and placing the country on an investor-friendly footing. The attorney general, Saud al-Mujib, said on Tuesday that 320 people had been subpoenaed and the bank accounts of 376 people had been frozen. Those who have agreed to terms with prosecutors – by signing over assets alleged to have been the product of corrupt practices – have been gradually freed. Among those released were Miteb bin Abdullah al-Saud, the first cousin of Prince Mohammed and the former head of the National Guard, who walked free last week from the Ritz Carlton hotel where the detainees have been held. Source