Saudi billionaire Prince Al-Waleed bin Talal has been released from captivity. He was arrested on corruption allegations during the government’s crackdown on the corruption. The government put allegations on him including money laundering, bribery and extorting officials.
Family sources said Prince Alwaleed was released on Saturday.
“He has arrived home,” one of his family members told Reuters.
Earlier today in an interview with Reuters Talal emphasized that he is confident that he would be released soon as no corruption allegations proved against him.
“There are no charges. There are just some discussions between me and the government,” he said in an interview with Reuters.
“I believe we are on the verge of finishing everything within days.”
Prince Alwaleed bin Talal was arrested among other Princes on corruption charges and was kept in captivity not in a prison but in five-star luxury Ritz Carlton Hotel.
Prince Alwaleed has been considered one of the most prominent personality not only in Arab but globally. He has billions of dollar invested in different companies including Twitter Inc. and Citibank Inc. He had very close ties with the CEO of Citibank.
Alwaleed raised his voice against Trump during the elections after the competitor swore to boycott Muslims’ entrance into the United States.
Trump reacted by tweeting that the Saudi ruler needed to control “our lawmakers with daddy’s cash. Can’t do it after I get chosen.” But later, after Trump’s triumph in elections, he congratulated Trump.
Prince Alwaleed was one of the earlier supporters of women empowerment in Saudi Arabia and lifting of the restriction on ladies driving. In September, King Salman announced that the boycott is to be lifted one year from now.
In a recent picture released earlier, Alwaleed appeared more slender than his past interview and has grown a beard.
He also said in the interview to Reuters that, “ I told the government I’d stay as much as they want because I want the truth to come out on all my dealings and on all things that are around me.”
“I have nothing to hide at all. I‘m so comfortable, I‘m so relaxed. I shave here, like at home. My barber comes here. I‘m like at home, frankly speaking,” he said.
Just hours after his interview to Reuters he has been released indicated that a settlement between him and the government of Kingdom has taken place and all corruption charges have been turned down.