Home GCC Saudi Arabia Saudi to release detained billionaire Mohammed Al Amoudi On Friday, Ethiopia aannounced that Saudi Arabia had agreed to release 1,000 Ethiopian nationals by Reuters May 21, 2018 Saudi Arabia will soon release Mohammed Hussein Al Amoudi, an Ethiopian-born Saudi billionaire arrested in November during a crackdown on corruption, Ethiopia’s prime minister said. Abiy Ahmed made the remarks late on Saturday after arriving from the Gulf kingdom, where he met Crown Prince Mohammed bin Salman during a two-day visit. Al Amoudi, a son of a Saudi father and an Ethiopian mother who has invested heavily in construction, agriculture and mining in the Horn of Africa country, was among 11 princes, four current ministers and top businessmen detained during the swoop by a new anti-corruption body. Read: Mohammed Al Amoudi “The incarceration of one Ethiopian is the incarceration of all Ethiopians. Sheikh Al Amoudi’s arrest is top in the agenda for all Ethiopians,” Abiy said in the capital Addis Ababa. “We have made the request – we are sure that he will be released very soon,” he added in a townhall-style gathering. Saudi authorities have dismissed claims that they mishandled the anti-corruption campaign, which included the three-month detention of billionaire Prince Alwaleed bin Talal – one of the country’s top international investors. Read: Forbes removes all Saudis from rich list following corruption purge Officials in Riyadh say most detainees have been released, after settlements that they say secured more than $100bn from members of the elite. Read: Saudi’s Alwaleed denies torture, confirms government deal after detention On Friday, Ethiopia also announced that Saudi Arabia had agreed to release 1,000 Ethiopian nationals who have been in prison in the Gulf state for a variety of offences. Officials in Riyadh are in the process of deporting more than 500,000 illegal Ethiopian migrants. So far, 160,000 have arrived back in the Horn of Africa country. Tags arrest Billionaire corruption Mohammed Hussein Al Amoudi People Saudi Arabia 0 Comments You might also like Riyadh Metro to kick off first phase on Nov 27, includes 3 lines Moody’s upgrades Saudi Arabia’s rating on economic diversification Citi secures licence for regional headquarters in Saudi Arabia Saudi Aramco to take on more debt, focus on dividend growth – report