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Monday 29 January 2018

Saudi billionaire Prince Al-Waleed freed after 'settlement'

Saudi billionaire Prince Al-Waleed freed after 'settlement'Saudi billionaire Prince Al-Waleed bin Talal was released on Saturday after nearly three months in detention following a "settlement" with authorities, as a sweeping anti-corruption campaign targeting the kingdom's elite winds down. Prince Al-Waleed, dubbed the Warren Buffett of Saudi Arabia, was the most high-profile detainee among 350 suspects rounded up since November 4, including business tycoons and ministers, who were held in Riyadh's luxury Ritz-Carlton hotel. The prince was released following an undisclosed financial agreement with the government, similar to deals that authorities struck with most other detainees in exchange for their freedom.




from Yahoo News - Latest News & Headlines http://ift.tt/2Eeydpp

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