March 20, 2018 / 4:30 AM / 5 months ago

Saudi Prince Alwaleed made secret agreement with govt, process ongoing -BBG TV

DUBAI, March 20 (Reuters) - Saudi Prince Alwaleed bin Talal, the chairman of Kingdom Holding who spent nearly three months in detention in the kingdom’s anti-corruption campaign, told Bloomberg TV that he had made an agreement with the government for his release.

In the interview, aired on Tuesday, Prince Alwaleed declined to disclose the details of his “confirmed understanding” with the government but said it was easy to verify that he still held a 95 percent stake in his global investment firm.

The process with the government was ongoing, said the prince, who was released in late January. (Reporting by Katie Paul Editing by Paul Tait)

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