Prince Miteb Set Free After Paying $1 Billion to Saudi Authorities

Saudi Prince Miteb bin Abdullah. (AN Photo)

Riyadh, MINA – Saudi Prince Miteb bin Abdullah has been freed after reaching a $1-billion “acceptable settlement agreement” with the Kingdom’s authorities.

According to a Saudi official on Tuesday, Prince Miteb, once deemed as a contender to the throne, admitted to corruption as part of his deal with the Saudi government.

“It is understood that the settlement included admitting corruption involving known cases,” the official added. Press TV was quoted by MINA as reporting.

That official also saying that three other people detained over corruption charges had been freed after reaching agreements with Riyadh.

Miteb was detained earlier in the month along with dozens of other princes, ministers and former ministers on the order of Saudi Arabia’s so-called Anti-Corruption Committee headed by Crown Prince Mohammad bin Salman.

The detained individuals are facing allegations of money laundering, bribery, extorting officials and misappropriation of public funds for personal benefits. (T/RI-1/RS5)

Mi’raj News Agency (MINA)