The Government of Saudi Arabia intends to confiscate up to 800 billion dollars from suspected princes and officials in corruption. This Wednesday, November 8, reports The Wall Street Journal with reference to sources. A significant part of the assets of suspects is abroad, which will complicate attempts to return money to the country. But even a share of this amount can improve the finances of Saudi Arabia, the newspaper said.. A long period of low oil prices forced the government to occupy the international market, as well as use the funds of reserve funds, says The Wall Street Journal. Currently, more than 60 princes, high-ranking officials and businessmen have been arrested, but this is only the beginning of a large anti-corruption campaign, the source said.. The central bank of the kingdom has already frozen accounts of "citizens of interest". According to Bloomberg, the state of the Saudi Prince Al-Walid bin Talal after the arrest decreased by $ 1.22 billion. On November 5, 11 princes and dozens of current and former high-ranking officials were detained in the kingdom on charges of corruption. The decision was taken by the National Anti-Corruption Committee of Saudi Arabia, whose head was the day before the Crown Prince Muhammad bin Salman. In June, the King of Saudi Arabia appointed Defense Minister Muhammad bin Salman Crown Prince.

Original article: Saudi princes will take a trillion dollars to amend the finances of the kingdom.