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Saudi Prince Alwaleed bin Talal freed but corruption probe continues

The Japan Times

RIYADH – Billionaire Saudi Prince Alwaleed bin Talal, who had been held in a luxury hotel since November in a wide-reaching anti-corruption probe that has been shrouded in secrecy and intrigue, was released on Saturday, according to three of his associates.

Saudi Prince Alwaleed Says in Talks With Government on Local Co-Investments: Bloomberg TV

U.S. News

Prince Alwaleed said the talks had begun before his detention at Riyadh's Ritz-Carlton in an anti-corruption drive, and focused around putting his Four Seasons hotel in the fund's Red Sea Project and entertainment district outside Riyadh.

Saudi Arabia Arrests 11 Princes, Including Billionaire Alwaleed bin Talal

NYT > Middle East

Saudi Arabia announced the arrest on Saturday night of the prominent billionaire investor Prince Alwaleed bin Talal, plus at least 10 other princes, four ministers and tens of former ministers. The sweeping campaign of arrests appears to be the latest move to consolidate the power of Crown Prince Mohammed bin Salman, the favorite son and top adviser of King Salman.

Transcript of Reuters Interview With Saudi Arabia's Prince Alwaleed Bin Talal

U.S. News

Frankly speaking, I know you may ask the question: if that's the case, then why are you here? I understand, every person is innocent until proven guilty. I'm a Saudi citizen and a member of the royal family, and I know people are asking why Alwaleed is here. It does not make sense, because they know I am very involved in charity, philanthropy ... So there's a contradiction, I understand this. But you know, there's a misunderstanding and it's being cleared.

Saudi billionaire Prince Alwaleed bin Talal released

BBC News

He, and several other billionaires and princes, were originally detained as part of the kingdom's crackdown on corruption.