Billionaire Saudi Prince Alwaleed bin Talal released from detention after settlement with authorities - News Summed Up

Billionaire Saudi Prince Alwaleed bin Talal released from detention after settlement with authorities


Two months after his arrest during corruption probe, billionaire Saudi Arabian Prince Alwaleed bin Talal was released from detention on Saturday, family sources said. A Saudi official confirmed his release saying a settlement he had concluded with authorities was approved by the attorney general. Asked if the attorney general was convicted of the innocence of Prince Alwaleed, he said: "I will not negate or confirm what he says." Allegations against Prince Alwaleed, who is in his early 60s, included money laundering, bribery and extorting officials, a Saudi official told Reuters in early November. In the interview, Prince Alwaleed told Reuters that he was continuing to maintain his innocence of any corruption in talks with authorities.


Source: dna January 27, 2018 14:03 UTC



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