Prince Alwaleed Moved To Highest Security Saudi Prison After Refusing To Pay $6 Billion For Freedom: Report
by Tyler Durden
ZeroHedge.com
Sun, 01/14/2018
Goodbye Ritz Carlton. Saudi Arabia’s billionaire prince Alwaleed Bin Talal, has been carted off to Al Ha’ir prison, south of Riyadh, after refusing to pay a reported $6 billion to Crown Prince Mohammed Bin Salman to secure his freedom, following a massive consolidation of power on November 4, 2017 in which over 300 princes, ministers and other elites were rounded up in an “anti-corruption” purge.
Sources told the Middle East Montior that nearly 60 detainees were transferred to the most high security prison in the Kingdom. The prisoners include Prince Al-Waleed Bin Talal as Prince Turki Bin Abdullah and a number of government officials who refused to make the large financial payments for their release.
Among those arrested on allegations of corruption is Prince Alwaleed Bin Talal, the Saudi King’s nephew who is worth more than $17bn according to Forbes, and owns stakes in Twitter, Lyft and Citigroup. According to a Daily Mail source, the crown prince had lulled Alwaleed into a false sense of security, inviting him to a meeting at his Al Yamamah palace, then sent officers to arrest him the night before the meeting.
‘Suddenly at 2.45am all his guards were disarmed, the royal guards of MBS storm in,’ said the source.
‘He’s dragged from his own bedroom in his pajamas, handcuffed, put in the back of an SUV, and interrogated like a criminal.
‘They hung them upside down, just to send a message.
Purged princes and the like were taken to the Riydah Ritz Carlton Hotel, where they have reportedly been allowed to buy their freedom by giving up their billions in oil wealth for their lives.
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