Saudi authorities announced on Tuesday that all detainees held at the Riyadh Ritz-Carlton in the anti-corruption crackdown have been released. Some detainees charged with more serious crimes have been moved to regular prison facilities.
Prince Alwaleed bin Talal, perhaps the highest-profile member of the Saudi royal family to be detained during Crown Prince Mohammed bin Salman’s anti-corruption crackdown, has finally been released from detention after reaching an unspecified financial settlement with the Saudi government.
Two months after a sweeping series of arrests and temporary detentions made in connection with Saudi Crown Prince Mohammed bin Salman’s corruption probe, the fate of perhaps the biggest fish caught in the net remains uncertain: Prince Alwaleed bin Talal, one of the most wealthy, famous, and well-connected men in the world.
A statement from Saudi Arabia’s public prosecutor on Tuesday indicated that most of the suspects swept up in the recent anti-corruption crackdown will be released after reaching settlements with the government, although a sizable number remain in detention, and some of those will be prosecuted for their offenses.
Crown Prince Mohammed bin Salman’s crackdown on corruption in Saudi Arabia has reportedly continued on Wednesday with further arrests – and some $800 billion in combined assets on the line.
Former U.N. Ambassador John Bolton joined SiriusXM host Alex Marlow and special co-host Stephen K. Bannon on Monday’s Breitbart News Daily to look at this weekend’s momentous events in Saudi Arabia.
Saudi Arabia has arrested dozens of princes, senior military officers, businessmen and top officials, including a well-known royal billionaire with extensive holdings in Western companies, as part of a sweeping purported anti-corruption probe that further cements control in the hands of its young crown prince.
The arrest of Saudi Prince Alwaleed bin Talal on corruption charges impacts the billionaire investor’s many business associates throughout the world.
Saudi Crown Prince Mohammed bin Salman has tightened his grip on power through the recent anti-corruption purge, report Stephen Kalin and Katie Paul in Reuters.
Saudi business magnate Prince Alwaleed bin Talal congratulated Donald Trump on his U.S. presidential victory, almost a year after the two clashed bitterly on Twitter.