Alahednews
english.alahednews.com.lb
Al-Ahed Telegram
Sayyed Nasrallah: US Biased, Ready to Stop ’Israeli’ Oil Extraction within Hours Twitter Awed as Cats of May and Johnson Meet in Furry Battle Brazilian Woman Gets Buried Alive Due to Error Moscow Slams US Indictment of Russians as «Absurd» Nigeria Attacks: Suicide Blasts Kill 19 in Maiduguri Velayati: Iran, Iraq, Syria Will Not Let US Sway in Kurdish Areas Bibi’s Corruption Scandals: Police to Probe «Israeli» PM in Case 4000 Egypt Cuts Interest Rates As Slowing Inflation Eases Worries French Students Cancel «Israel» Festival Bibi’s Corruption Scandals: Protesters Urge Him to Step down #Nigeria: 18 Killed in #Suicide Attack in #Maiduguri Sayyed #Nasrallah: There is a great international silence regarding the aggression on #Yemen that must end Sayyed #Nasrallah: What is happening in #Bahrain is a demographic change that benefits “#Israel” Sayyed #Nasrallah: On the anniversary of the #Islamic Revolution, we express our pride with the #Islamic regime in #Iran, which supports #Arab causes and rights Sayyed #Nasrallah: There are examples among #Palestinians. There are Ahmed #Jarrar, Ahad #Tamimi and Omar al-#Abd, who was sentenced to 3 life times in prison, and he irritated #Lieberman with his smile Sayyed #Nasrallah: The #US gives the most strategic military jets to “#Israel” and prevents any defense system from #Lebanon Sayyed #Nasrallah: The #US siege continues on #Palestinian people and there are great #American pressures against this people Sayyed #Nasrallah: “#Israelis” have their complex calculations to enter into any war because they are uncertain of #victory Sayyed #Nasrallah: Who toppled the “Israeli” aircraft are the officers and soldiers of the brave #Syrian #Arab army Sayyed #Nasrallah: The decision to confront the “#Israeli” aircraft is a #Syrian decision took by President Bashar al-#Assad only
Guestbook mailinglist.php arabic site french site spanish site facebook twitter rss page
News Categories » NEWS » Middle East » Saudi Arabia

Decrease Font Size Increase Font Size  Print Page
Saudi Authorities Release MBC Founder from Ritz Carlton
Local Editor

Saudi authorities have released founder of MBC network Waleed bin Ibrahim al-Ibrahim from the Ritz Carlton in Riyadh, the company CEO told employees late Friday evening.

Saudi Crown Prince MBS and founder of MBC network Waleed bin Ibrahim al-Ibrahim

In a memo seen by The Daily Star, regional TV network MBC CEO Sam Barnett said that Ibrahim had been released and was now with members of his family.

Ibrahim's release comes months after being detained as part of a widespread corruption probe in Saudi Arabia.

"I am delighted to convey the excellent news that Sheikh Waleed has just got back and is with members of his family in Riyadh," the memo from Barnett read. "This has been the best day for the last 83. We now hope for many better days to come."

The crackdown was launched by Saudi Crown Prince Mohammed Bin Salman on Nov. 4 last year to cut wasteful and unlawful spending by some of the country's most powerful men.

Some 200 leading businessmen, princes and government officials were detained and many were released from the five star Ritz Carlton resort in Riyadh only after handing millions in assets over to the state. The corruption drive is estimated to have raised in the region of $100 billion dollars and the young crown prince has vowed to claw back all lost revenue.

Among those detained was Prince Alwaleed bin Talal, a billionaire investor with stakes in companies around the world including Twitter and Citigroup.

MBC is the largest free-to-air TV network in the Arab world that attracts around 140 million viewers daily across the Middle East and beyond.

Reuters news agency reported Friday evening that several prominent businessmen were also released from the Ritz Carlton after reaching a financial settlement with Saudi authorities.

The other men included Fawaz Alhokair, a major shareholder in fashion retailer Fawaz Abdulaziz Alhokair Co; Khalid al-Tuwaijri, a former chief of the Royal Court; and Turki bin Nasser, a former head of the country's meteorology and environmental protection agency, Reuters reported, quoting an official source.

It added that the source did not disclose the terms of the settlement and Reuters said the men could not be reached for comment.

Source: News Agencies, Edited by website team

27-01-2018 | 09:32


Name
E-Mail
Comment Title
Comment
Human Verification


News Coverage

Related News

Search
To Top