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Newly free Saudi Prince Alwaleed gives to soccer club

From Reuters - February 13, 2018

RIYADH (Reuters) - Saudi Arabian billionaire Prince Alwaleed bin Talal, freed two weeks ago from detention in a luxury hotel during a corruption sweep, said on Tuesday he was answering a government call to support local soccer clubs by donating half a million dollars.

Prince Alwaleed, one of the countrys top international investors, says he spent his nearly three months of detention in the Riyadh Ritz-Carlton hotel, along with dozens of senior officials and businessmen, part of a crackdown on the orders of Crown Prince Mohammed bin Salman.

In an interview conducted hours before his release, he toldReuters he maintained his innocence and expected to keep full control of his firm. But when asked, he did not rule out making a donation to the government in return for his freedom.

A senior Saudi official later told Reuters he was freed after reaching a financial settlement with the attorney general, but neither party provided details.

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