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Riyadh Ritz reopens after being transformed into ‘luxury prison’ as part of Saudi prince’s graft crackdown

Total settlements with the suspects had topped US$107 billion in various forms of assets handed over that included property, securities and cash

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The Ritz-Carlton Hotel in Riyadh, Saudi Arabia. Photo: AP
Agence France-Presse

Riyadh’s Ritz-Carlton reopened for business Sunday, three months after it became a holding place for princes and ministers detained in the biggest anti-graft purge of the kingdom’s elite in its modern history.

The luxury hotel had been closed for business since the unprecedented probe was launched on November 4 by Crown Prince Mohammed bin Salman, who has tightened his grip on power since his shock appointment as heir to the throne last June.

A hotel receptionist reached by phone confirmed the hotel was open to the public. Another source inside the hotel said the property had no detainees.

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Many of the high-profile suspects, including billionaire Prince Al-Waleed bin Talal – dubbed the Warren Buffett of Saudi Arabia – have been released in recent weeks in exchange for what officials have dubbed financial settlements.

Attorney General Sheikh Saud al-Mojeb said in late January that after completing inquiries into 381 high-profile corruption suspects, he would keep 56 in custody and free the rest. It was unclear if the remaining suspects had been moved to another facility.

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Saudi Crown Prince Mohammed bin Salman. Photo: AP
Saudi Crown Prince Mohammed bin Salman. Photo: AP

Total settlements with the suspects had topped US$107 billion in various forms of assets handed over that included property, securities and cash, he said.

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