Prince Alwaleed bin Talal released
Tehran (KNA) - Saudi Arabian billionaire Prince Alwaleed bin Talal was released from detention on Saturday.
A senior Saudi official said Prince Alwaleed's release had come about after a financial settlement was reached with the attorney general.
"The attorney general has approved this morning the settlement that was reached with Prince Alwaleed bin Talal, and the prince returned home at 1100 A.M.," the official told Reuters, without giving details on the terms.
But the decision to free him, and the release of several other well-known tycoons on Friday, suggested the main part of the corruption probe was winding down after it sent shockwaves through Saudi Arabia's business and political establishment.
Source: Reuters