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Saudi billionaire Al-Waleed 'forgives' Ritz ordeal

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AFP Riyadh
Last Updated : Mar 20 2018 | 2:30 PM IST

Billionaire Saudi Prince Al-Waleed bin Talal says all is forgiven after his three-month detention in an anti-corruption crackdown, dismissing speculation he had forfeited control of his assets in exchange for his freedom.

The prince, dubbed the Warren Buffett of Saudi Arabia, was released from the now-notorious Ritz-Carlton hotel in early January after an undisclosed financial agreement with the government.

"I am not a person who is going to say I forgive but I don't forget. I say I forgive and I forget at the same time," Prince Al-Waleed said in an interview with Bloomberg News published today.

"It's business as usual. We are going to continue investing in Saudi Arabia. I was born in Saudi Arabia, I will die in Saudi Arabia."
"Actually, I was given the best service. Doctors used to come twice a day. We had the best service, best food, best everything."
"Some people in business community will be doubtful, will say: 'What's going on?'
"However, I assure them that everything is normal and we are functioning as we were before and we welcome them to come here to see what we're doing in Saudi Arabia and life is back to normal."

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Mar 20 2018 | 2:30 PM IST

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