Saudi Prince lost a billion because of the arrest

Now in possession of Prince al-Walid left $17.8 billion

The condition of Saudi Prince al-Walid Ben Talal Ben Abdel Aziz al Saud declined by more than $1 billion to $17.8 billion – in the last 48 hours in connection with his arrest, writes Bloomberg.

Happened cutting falling stock owned by the Prince of the Kingdom Holding investment company. The company’s quoted prices at the close of trading on Monday fell to the lowest level since December 2011.

Prince al-Walid owned shares in companies Four Seasons, CitiGroup, Twitter, 21st Century Fox, Disney and others. He also owns hotels George V in Paris and the Plaza in new York.

As reported Корреспондент.neton the eve of Saudi Arabia detained 11 members of the Royal family, four existing and dozens of former Ministers. Among them were al-Walid bin Talal – the nephew of the current king of Saudi Arabia.

Members of the ruling family is suspected of illegal transactions with arms sales, money laundering and other corruption-related crimes.

Fight of thrones. Oil is rising on the arrests of princes

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