Saudi prince released from custody after reaching $1bn corruption settlement: reports

Saudi Arabian authorities released Prince Miteb bin Abdullah from custody on Tuesday after reaching an estimated $1 billion settlement agreement concerning corruption allegations, according to a Saudi official [Reuters report]. Miteb, “along with 200 other royals, ministers and business tycoons,” was arrested and detained in the Ritz-Carlton hotel in Riyadh earlier this month for alleged […]

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