Why economic crimes should be prosecuted as international crimes
DATE: 2 January 2018
AUTHOR: Business Day Live
In November this year, the news of the anti-corruption drive in Saudi Arabia which led to the arrest of several prominent members of the political and business elite, surprised many. And in late December the news broke of the sentencing of the former vice-president of Iran, Hamid Baghaei for the misuse of public funds while in office. Baghaei received a sentence of 63 years, which is the longest sentence an official has received in Iran in many decades.
Does this indicate a new resolve in the Middle East to prosecute corruption?
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