Jan 28, 2018
Saudi billionaire Twitter investor freed after settlement
One of the world's richest men, Prince Alwaleed bin Talal, has been released two months after being detained in Saudi Arabia's anti-corruption purge. Prince Alwaleed was held in November by a new anti-corruption body headed by the Saudi crown prince. Prince Alwaleed is the most high-profile detainee to have been released so far. Prince Miteb bin Abdullah, who was released at the end of November, paid more than $1bn. Media reports suggest that Mr al-Ibrahim's deal may have included his controlling share in MBC - the largest media company in the Middle East. The anti-corruption drive was instigated by Prince Mohammed bin Salman - who has been accused of using the investigation to remove opponents and consolidate his power.
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