pns saudi arabia added salary from money confiscated corruption

in #arabsaudi6 years ago

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Saudi Arabia will use confiscated money from officials and prince corruption to provide bonus incentives to civil servants or civil servants.

The royalty said the losses caused by corruption reached US $ 100 billion (around Rp 1,350 trillion). Currently
the funds are being returned to the state as part of the settlement with the suspect.

"We received some money from the bank," Saudi Finance Minister Mohammed Al Jadaan was quoted as saying by CNN Money on Friday (26/1/2018).

Nevertheless, Jurusan reveals that most of the wealth of the proceeds of corruption is returned not in cash but assets and property.

"But most of the assets are not in cash, as you can imagine in terms of assets, real estate, which require watertight
to liquidate, "he added.

Speaking at the World Economic Forum in Davos, Switzerland, Jadaan said that some of the refunded cash will be distributed to 70% of government employees.

Around US $ 13 billion (about Rp 173 trillion) of corruption payback money will be used by the Saudi Arabian government to provide annual bonuses to civil servants, and a monthly salary of US $ 266 (US $ 3.5 million) for one year.

In addition there is also a scholarship increase of 10% for students and bonuses for Saudi Arabian soldiers as well as tax breaks for buyers
the first house.

The move was taken to ease the burden and part of the savings to reduce the budget deficit.

Please note, in November 2017 the authorities in Saudi Arabia arrested dozens of nobles, businessmen and government officials,
including the prince of Alwaleed bin Talal.

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