Saudi Arabia frees top broadcaster Waleed al-Ibrahim held in anti-graft drive

Saudi Arabia on Saturday released the owner of the influential Arab satellite network MBC nearly three months after his arrest in an anti-corruption drive targeting the kingdom's elite, sources told AFP.

Waleed al-Ibrahim was among some 350 suspects rounded up since November 4, including billionaire princes and ministers who were detained in Riyadh's luxury Ritz-Carlton hotel.

Ibrahim held a family gathering at his residence after his release, three MBC employees told AFP on condition of anonymity. The staff also received an official e-mail congratulating them on his freedom.

The terms of his release are unclear but the government has said that most detainees have agreed on financial settlements in exchange for their freedom as the anti-corruption campaign winds down.

The Financial Times reported that authorities had ordered Ibrahim to hand over his controlling stake in MBC to secure his release.

Authorities have so far not commented on his case.

The government today also released a number of other detainees including Khaled Tuwaijri, former chief of the Saudi royal court, and Turki bin Nasser, former head of the country's meteorology agency, a source close to the government told AFP.

The government has released other high-profile detainees in recent weeks such as former National Guard chief Prince Miteb bin Abdullah following his "settlement" with authorities reportedly exceeding USD 1 billion.

Crown Prince Mohammed bin Salman, the 32-year-old son of the king, has spearheaded the unprecedented crackdown on corruption among members of the government and royal family, as he consolidates his grip on power in the kingdom.

The most high-profile target of the crackdown was billionaire Prince Al-Waleed bin Talal, dubbed the Warren Buffett of Saudi Arabia. His fate remains unknown.