Saudi Gazette report

Riyadh -- Custodian of the Two Holy Mosques King Salman issued a royal decree on Saturday forming a supreme committee headed by the Crown Prince to tackle corruption in public finance.

The members of the supreme committee will be the Chairman of the Monitoring and Investigation Commission, Chairman of the National Anti-Corruption Authority, Chief of the General Audit Bureau, Attorney General and Head of State Security.

The Committee will identify offenses, crimes, persons and entities involved in cases of public corruption.

It will investigate, issue arrest warrants, impose travel ban, disclose and freeze accounts and portfolios, track funds, assets and prevent their remittance or transfer by persons and entities.

The committee has the right to take any precautionary measures until they are referred to the investigating authorities or judicial bodies. It may take whatever measures deemed necessary to deal with those involved in public corruption cases and take what it considers to be right.

The Committee may seek the assistance of those it deems necessary and may set up teams for investigation, prosecution, etc., and may delegate some or all of its powers to these teams.

Upon the completion of its duties, the committee will submit a detailed report on its findings and what it has taken, in this regard.