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Senior Saudi prince freed in US$1b settlement agreement

Prince Miteb was among dozens rounded up in a purge against graft

Published Wed, Nov 29, 2017 · 09:50 PM

    Riyadh

    SENIOR Saudi Arabian prince Miteb bin Abdullah, once seen as a leading contender to the throne, has been freed after agreeing to pay over US$1 billion to settle corruption allegations against him, a Saudi official said on Wednesday.

    The 65-year-old son of the late King Abdullah and former head of the elite National Guard, was among dozens of royal family members, high officials and senior businessmen rounded up this month in a crackdown on graft that has strengthened the power of Crown Prince Mohammed bin Salman.

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