Monday, 29 January 2018

Saudi billionaire Prince Alwaleed released as corruption probe winds down

Saudi billionaire Prince Alwaleed released as corruption probe winds downBy Sarah Dadouch and Katie Paul RIYADH (Reuters) - Saudi Arabian billionaire Prince Alwaleed bin Talal, one of the kingdom's top international businessmen, was released from detention on Saturday, more than two months after he was taken into custody in a sweeping crackdown on corruption. A senior Saudi official said Prince Alwaleed was freed after he reached a financial settlement with the attorney general. "The attorney general has approved this morning the settlement that was reached with Prince Alwaleed bin Talal, and the prince returned home at 1100 a.m. (0800 GMT)," the official told Reuters, without giving details of the terms.




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