{"id":22195,"date":"2012-09-12T08:04:40","date_gmt":"2012-09-12T04:04:40","guid":{"rendered":"https:\/\/mideastposts.com\/?p=22195"},"modified":"2012-09-12T08:05:45","modified_gmt":"2012-09-12T04:05:45","slug":"saudi-corruption-account-setup-for-ill-gotten-gains","status":"publish","type":"post","link":"https:\/\/mideastposts.com\/middle-east-business\/middle-east-economics-analysis\/saudi-corruption-account-setup-for-ill-gotten-gains\/","title":{"rendered":"Saudi Corruption: Account Setup For Ill Gotten Gains"},"content":{"rendered":"
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Saudi Gazette<\/em>\u00a0runs an article on anti-corruption efforts in Saudi Arabia. It reports that the National Anti-Corruption Commission has set up a bank account into which those who have taken part in corrupt practices can deposit their ill-earned gains \u2013 without identifying themselves \u2013 in order to clear their consciences.<\/div>\n
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I\u2019m not sure that\u2019s a very reliable measuring stick, though. Not everyone who takes part in a crime feels guilty about it. In fact, I\u2019d imagine most do not.<\/p>\n

Still, whether it\u2019s an accurate measure, it gives some idea of the degree of corruption in the society.<\/p>\n

NACC to nail down corrupt officials, says Al-Shareef<\/a><\/strong><\/p>\n

RIYADH \u2014 The extent of corruption in the Kingdom has not been identified yet, says Muhammad Al-Shareef, chairman of the National Anti-Corruption Commission.<\/p>\n

The level of corruption does not tally with the gigantic budget of the state, Al-Shareef told Al-Arabiya TV Channel in a recent interview.<\/p>\n

The NACC seeks to nail corrupt officials and root out any form of corruption that takes place in government projects and contracts, Al-Shareef added.<\/p>\n

The Ministry of Finance had opened a bank account six years ago asking anyone who took government money illegally to deposit it into the account, Al-Shareef said.<\/p>\n

The ministry guaranteed that the name of the depositor and his personal information would remain confidential and the person would be discharged from any liability. \u201cAround SR215 million has been deposited into the account over the past six years.\u201d<\/p>\n

During the interview, Al-Shareef commented on the huge difference between the gigantic volume of government projects and the comparatively low amounts of money that have been deposited in the account.<\/p>\n

He said the NACC had regained huge sums of money but investigations were still going on into those charged with large-scale corruption.<\/p>\n

— xx —<\/p>\n<\/blockquote>\n

As an example of how the measure may not be the best gauge, here\u2019s another article from the same issue of\u00a0Saudi Gazette<\/em>. I don\u2019t see that SR two-billion being deposited into any government bank account\u2026<\/p>\n

Court discovers forgery of land deed worth SR2b<\/a><\/p><\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

CROSSROADS ARABIA: The National Anti-Corruption Commission has set up a bank account into which those who have taken part in corrupt practices can deposit their ill-earned gains.<\/p>\n","protected":false},"author":42,"featured_media":22196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,154,10],"tags":[591,211,590,18275],"_links":{"self":[{"href":"https:\/\/mideastposts.com\/wp-json\/wp\/v2\/posts\/22195"}],"collection":[{"href":"https:\/\/mideastposts.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mideastposts.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mideastposts.com\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/mideastposts.com\/wp-json\/wp\/v2\/comments?post=22195"}],"version-history":[{"count":0,"href":"https:\/\/mideastposts.com\/wp-json\/wp\/v2\/posts\/22195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mideastposts.com\/wp-json\/wp\/v2\/media\/22196"}],"wp:attachment":[{"href":"https:\/\/mideastposts.com\/wp-json\/wp\/v2\/media?parent=22195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mideastposts.com\/wp-json\/wp\/v2\/categories?post=22195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mideastposts.com\/wp-json\/wp\/v2\/tags?post=22195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}