Saudi Prince Alwaleed back at work after detention

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Riyadh, Feb. 1 (TNS): Saudi Arabian billionaire Prince Alwaleed bin Talal is back on the job as chairman of global investment firm Kingdom Holding after being released from detention in an anti-corruption campaign, a British news agency quoting company reported on Thursday.

Prince Alwaleed, one of the country’s top international investors, was freed on Saturday, nearly three months after being taken into custody along with dozens of senior officials and businessmen on the orders of Crown Prince Mohammed bin Salman.

Most detainees have been released, after settlements secured just over $100 billion from members of the elite, the attorney general has said, without providing details.

In his first interview since being detained, conducted hours before his release, Prince Alwaleed told British media that he maintained his innocence and expected to keep full control of his firm.
A senior Saudi official would not confirm that claim but said any settlements included an admission of guilt.