WEB DESK
Saudi billionaire Prince Al-Waleed bin Talal has been released after nearly three months in detention following a settlement with authorities. The Prince, whose net worth has been estimated by Forbes magazine at 17 billion US dollars, was released yesterday.
Hours earlier, in an interview with news agency Reuters, he said he expected to be cleared of charges and released from custody within days.
Prince Al-Waleed was the most high-profile detainee among 350 suspects rounded up since November 4th, including business tycoons and ministers.
Crown Prince Mohammed bin Salman, the 32-year-old son of the king, has spearheaded the unprecedented crackdown on corruption among members of the government and royal family, as he consolidates his grip on power in the kingdom.
