Saudi Prince Alwaleed bin Talal in Late Stage Settlement Talks

Saudi Prince Alwaleed bin Talal in Late Stage Settlement Talks

Saudi Prince Alwaleed bin Talal in Late Stage Settlement Talks

Saudi Arabian billionaire Prince Alwaleed bin Talal, detained in the Kingdom’s sweeping crackdown on corruption, said Saturday that he expected to be cleared of any wrongdoing and be released from custody within days.

Prince Alwaleed was speaking in an exclusive interview with Reuters at his suite in Riyadh’s opulent Ritz-Carlton hotel, where he has been held for over 2 months along with dozens of other suspects.

The Prince, one of the nation’s most prominent businessmen, said he was continuing to maintain his innocence of any corruption in talks with authorities. He said he expected to keep full control of his global investment firm Kingdom Holding without being required to give up assets to the government.

He also said he had been well treated in detention, describing rumors of mistreatment as completely false.

Saying, he gave the interview partly in order to disprove such rumors.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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