Saudi Prince al-Waleed Bin Talal Arrested on Orders from Anti-Corruption Committee

Saudi Prince al-Waleed Bin Talal Arrested on Orders from Anti-Corruption Committee

Saudi Prince al-Waleed Bin Talal has been arrested along ten princes and dozens of former ministers in a new anti-corruption probe, headed by Crown Prince Mohammed bin Salman in Saudi Arabia.  Saudi Prince al-Waleed Bin Talal is a member of the Saudi royal family, billionaire and is a prominent investor in many US companies, including Citigroup.

“Saudi Prince al-Waleed Bin Talal has been arrested on Orders from the New Anti-Corruption Committee”

Saudi Arabia’s King Salman removed a host of prominent officials in this crackdown. The anti-corruption sweep is taking place against a backdrop of reform in Saudi Arabia and the upcoming initial public offering for state-owned oil giant Saudi Aramco.

Source: CNBC, Forbes, Business Insider

 

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