Saudi Corruption Crackdown Spills Over Borders As UAE Investigates Bank Accounts

  • 6 years ago
On Thursday, Saudi Arabia's crackdown on corruption spread beyond its borders as regulators in the United Arab Emirates asked UAE banks to provide information about Saudi citizens detained in the investigation, a potential prelude to their accounts being frozen. According to Reuters, the UAE central bank requested that commercial banks and finance companies in the UAE provide details of accounts belonging to nineteen Saudis.