Alwaleed to go to trial

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Reports out of Saudi Arabia, and sourced to the Saudi attorney general’s office in the kingdom, say that Prince Alwaleed bin Talal, currently detained with about 95 other individuals, will be tried on alleged corruption charges.

The reports say that detainees who have not agreed on financial settlements in order to close their cases will soon be referred to the Public Prosecutor for trial.  “The royal order was clear,” Attorney General Sheikh Saud al-Mojeb said a few days ago, according to Bloomberg News. “Those who express remorse and agree to settle will have any criminal proceedings against them dropped.”

The prince has been held in detention since November 4th, initially at the luxurious Ritz Carlton Hotel in Riyadh, but more recently some reports say he was in a jail although other reports say he is being held at another location.

Alwaleed has investments in Twitter and Apple, as well as a number of Arab-language TV channels.


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