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Alwaleed bin Talal reaches settlement with gov’t for release

Alwaleed bin Talal reaches settlement with gov’t for release
Saudi Arabian Prince Alwaleed bin Talal
KINGDOM
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Riyadh – Mubasher: Kingdom Holding Company’s (KHC) owner Alwaleed bin Talal said that he reached a deal with the Saudi government to be released from detention.

Negotiations with Saudi authorities are still undergoing, Bloomberg reported, citing the Saudi Arabian Prince as saying.

Bin Talal refused to give further details about his deal with the government.

“I support the anti-corruption crackdown that took place in the kingdom although I was involved in it. Fortunately, the problem is over now,” bin Talal added.

In November 2017, Saudi Arabia launched an anti-corruption drive that resulted in detaining scores of top officials, princes, and current and former ministers accusing them of corruption.