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Saudi purge: Prince Miteb freed after $1 bn settlement, says official

Prince Miteb was accused of awarding contracts to his own firms including a $10 billion deal for walkie-talkies


Senior Saudi Prince Miteb bin Abdullah, once seen as a leading contender to the throne, was freed after reaching an “acceptable settlement agreement” with authorities paying more than $1 billion, a Saudi official said on Wednesday. Miteb, 65, son of the late King Abdullah and former head of the elite National Guard, was among dozens of royal family members, ministers and senior officials who were rounded up in a graft inquiry partly aimed at strengthening the power of Crown Prince Mohammed bin Salman. The official, who is involved in the anti-corruption campaign, ...

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First Published: Wed, November 29 2017. 08:33 IST