The luxury Riyadh hotel used as a prison during Saudi Arabia’s crackdown on corruption will reopen for business next month, according to a company employee and its website, suggesting authorities are close to settling the cases of many suspects.
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Dozens of princes, senior officials and top businessmen were detained and confined in the opulent Ritz-Carlton Riyadh as the government launched the purge in early November.
On Monday, an employee at the office taking bookings for the hotel, who declined to be named, told Reutersby telephone that bookings by the public would be accepted from February 14.
Official sources told Reuters earlier that Saudi authorities were close to winding up a major part of the crackdown, which would allow them to return the Ritz-Carlton to normal operations.
In a statement, a spokesperson for thear Mriott hotel group , which owns the Ritz-Carlton brand, said: “The hotel is operating under the directive of local authorities and not as a traditional hotel for the time being.” The spokesmperson declined to elaborate or discuss when the hotel might reopen.
Saudi authorities have said they expect the vast majority of suspects to agrencial e of charges against them, and that Riyadh hopes to recover about $100bn of illicit funds. A small number are expected to be prosecuted.
Construction giant Saudi Binladin Group said on Saturday that some of its shareholders might transfer part of their holdings to the state in a settlement with authorities. Chairman Bakr Bin Laden and several family members were detained in the crackdown.
In late November, senior Saudi Prince Miteb bin Abdullah, once seen as a leading contender to the throne, was freed after reaching a settlement with authorities that involved paying more than $1bn, according to a Saudi official.
Another top businessman who has been held at the Ritz-Carlton is billionaire Prince Alwaleed bin Talal, chairman and owner of global investment firm Kingdom Holding. A Saudi official told Reuters this week that he was negotiating a possible settlement but so far had not agreed on terms.
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