Sunday, January 28, 2018

BUYING YOUR FREEDOM IN SAUDI ARABIA

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.
He was freed after a financial settlement was approved by the state prosecutor, an official said.
Prince Alwaleed was held in November by a new anti-corruption body headed by the Saudi crown prince.
In the aftermath of the purge, Saudi Arabia's attorney general said at least $100bn (£76bn) had been misused through systemic corruption and embezzlement going back decades.
The detentions - and the expensive settlements - are being characterised by the state as an attempt to recover those funds.

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