washington saudi arabia complete main wave arrest sweep crackdown corruption prepare channel billions dollars seize fund economic development project saudi minister say monday far know case minister commerce investment majid bin abdullah al-qasabi tell reuters ask whether authorities finish take large number top officials businessmen custody government keep mouth shut see corrupt case definitely act term magnitude term scale term term term say dozens princes officials businessmen detain last month 200 people question 2,000 bank account freeze purge strengthen authority crown prince mohammed bin salman suspect go court authorities seek reach financial settlements say last week first deal do senior prince miteb bin abdullah see lead contender throne free agree pay billion officials say special ministry finance account open receive fund public prosecutor office estimate eventually total 50 billion 100 billion qasabi say visit washington meet u.s. businessmen money definitely use house general public need money people use issue development project public prosecutor expect days issue statement status investigation include many people detain many face legal charge qasabi add riyadh seek huge amount u.s. foreign investment reduce dependence oil export qasabi concede u.s. businessmen somewhat concern potential impact crackdown corruption worry ... end stop say think good country country leadership stand visibly fight corruption ultimately level play field everybody economic reform include privatization program raise 300 billion past 18 months little concrete progress deal slow red tape legal uncertainties high ask price assets foreign businessmen say qasabi say program track government identify sectors privatise work complex mechanics asset transfer would take place mid-2019 sea port major area activity say privatization grain mill saudi grain organisation final phase could complete mid-2018 qasabi add economy hit hard past couple years low oil price government austerity measure authorities promise stimulus step qasabi note year increase capital saudi industrial development fund make soft loan businesses stimulus measure likely announce 2018 state budget expect release late december add financial incentives offer government could total 70 billion riyals 18.7 billion qasabi chair program encourage strategic saudi company expand globally sectors food logistics pharmaceuticals petrochemicals government allocate money help grow acquire firm locally say saudi complete main wave arrest anti-graft purge minister say