Saudi Arabia to release Ethiopian-born business mogul Al Amoudi

Ethiopian-born Saudi billionaire Mohammed Hussein Al Amoudi, who has been detained in the anti-corruption campaign spearheaded by Saudi Crown Prince Mohammed Bin Salman, will soon be released, Ethiopia’s prime minister said. Prime Minister Abiy Ahmed made the announcement over the Read more

KSA: ‘Prince Waleed to get free for $6 billion’, Wall Street Journal

The Saudi anti-corruption commission, overseen by Crown Prince Mohamed bin Salman, is expecting to get from Prince al-Waleed bin Talal $6 billion in exchange for his freedom, Wall Street Journal reported. Prince al-Waleed bin Talal had been rounded up alongside Read more

KSA: Most detained in anti-corruption clean-up sign up for payment in exchange for freedom

The Saudi Attorney General Tuesday announced that most individuals detained in the anti-corruption purge have agreed to hand over part of their assets in exchange for freedom. It is now one month since several princes, business tycoons, top officials and Read more

KSA: Detainees in anti-corruption crackdown begin payments for freedom

Saudi business tycoons and senior officials detained in anti-corruption purge have begun making payments in exchange for their release, reports say. Up to 201 businessmen and officials, including international investor Prince Alwaleed bin Talal and Minister of the national guard Read more