Financial Times (ft.com) video above published Jan 31, 2018: The Kingdom of Saudi Arabia has accepted real estate, commercial entities, securities and cash in settlements from individuals after anti-corruption crackdown that targeted hundreds of people, including princes and some of the kingdom’s wealthiest businessmen. See also Ritz in Riyadh Opens to Public After Saudi Purge | Bloomberg.com Feb 11, 2018: Princes, billionaires and officials were held at the hotel--Authorities reaped more than $100 billion in settlements.
Update: Relax and invest, Saudi prince tells investors after corruption crackdown | Reuters.com Feb 20, 2018.
Editor's note: Mohammad bin Salman (MBS) is the Crown Prince (since 21 June 2017) of Saudi Arabia.
Kingdom Shares Recover From Shock of Prince Alwaleed's Detention | Bloomberg.com: "After being detained for more than two months, he’s out. And Prince Alwaleed’s Kingdom Holding Co. shares surged back to where they were before Saudi Arabia started its crackdown on corruption last year."
Leaving Saudi Arabia after three amazing days. I came with a static view of the place. I was wrong. The move to a more liberal and inclusive society with less dependence on oil has started. While I don’t know if it will succeed, I am certain they are going to go for it.— Michael Novogratz (@novogratz) February 11, 2018
Kingdom Holding Company investments include a significant investment in Twitter (NYSE: TWTR)(domain: Twitter.com) held since 2011.To clarify my last tweet, I leave SA with a strong impression that MBS and his government are moving things in the right direction. I am not naive as to where they are starting from or the challenges they face. I hope they succeed. We all should.— Michael Novogratz (@novogratz) February 12, 2018
Principal domain: kingdom.com.sa
Al-Waleed bin Talal quotes:
- If I'm going to do something, I do it spectacularly or I don't do it at all.
- Nowadays, anyone who cannot speak English and is incapable of using the Internet is regarded as backward.
في #عيد_الاضحى المبارك، نبارك بالعيد لجنودنا البواسل الساهرين لحمايتنا، بقيادة @KingSalman وولي عهده pic.twitter.com/MVELJbnBjG— الوليد بن طلال (@Alwaleed_Talal) August 31, 2017
الرئيس الفرنسي يجتمع مع @Alwaleed_Talal في الإليزيهhttps://t.co/dxQDMUQkcr— شركة المملكة القابضة (@Kingdom_KHC) September 10, 2017
French President Macron & @Alwaleed_Talal Meet at Élysée pic.twitter.com/kfQonJHTTC
الأمير الوليد يجتمع مع رئيس مجلس إدارة مجموعة @GoldmanSachs— شركة المملكة القابضة (@Kingdom_KHC) October 3, 2017
Prince @Alwaleed_Talal Meets @lloydblankfein in Riyadhhttps://t.co/77mz32V2UE pic.twitter.com/4yqoV5vHN1
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