Billionaire Saudi Prince Freed From Weeks-Long Ritz Detention
Since Nov. 4, Prince Alwaleed bin Talal has been holed up, along with dozens of other wealthy Saudis, in what amounted to a plush prison on vague corruption allegations.
by Amy Held
Jan 27, 2018
2 minutes
Saudi Arabia's internationally known billionaire businessman, Prince Alwaleed bin Talal, was released from his luxury hotel detention in the nation's capital on Saturday, family sources told multiple media outlets.
Alwaleed reportedly reached a financial settlement with the government before returning to his home, according to Reuters.
He was and placed under house arrest at the Riyadh Ritz-Carlton.
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