'The Saudi anti-corruption push involving the arrest of princes and government ministers may lead to the confiscation of cash and other assets worth of at least $800 billion, according to people close to the issue, writes the Wall Street Journal.
“They reckon they could get around two to three trillion riyals from these people. That’s the number they are talking about,” a person close to the government told the paper.
On Saturday, Saudi state media reported the arrest of at least 11 Saudi princes and four incumbent ministers, with the minister of the National Guard, and the economy minister among those detained. The arrests are reportedly the part of a broader plan to fight corruption in the kingdom.
Some leading businessmen have been arrested since the crackdown started, with more than 60 princes, officials and other big-name Saudis in custody, according to the sources cited by the WSJ.'
Read more: How broke is the House of Saud? Riyadh could seize $800bn in assets in corruption shakedown