Saudi Prince al-Waleed bin Talal bin Abdulaziz al Saud was among the 11 prominent Saudi figures arrested on Saturday in Saudi Arabia on charges of corruption. Al-Waleed bin Talal was the second name on a list of ministers and businessmen accused by the newly-formed anti-corruption committee for “money laundering.”Below, Al-Masry Al-Youm traces the main events of bin Talal’s life. A member of the Saudi royal family, bin Talal was born in Riyadh in 1955 to a Saudi father and Lebanese mother. In addition, Rotana Group is the media investment arm of Waleed bin Talal of which he owns 80 percent personally. Eight months ago, Forbes published its annual list of the wealthiest Arabs, which included Waleed bin Talal on the top of the list, with an accumulated fortune of $18.7 billion.

Source: Egypt Independent November 06, 2017 14:25 UTC