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Saudi Arabia has released construction magnate Bakr bin Laden, more than three years after his detention in a purge of the kingdom’s elite that upended his vast business empire, sources told AFP.
The former chairman of the Bin Laden Group, Saudi Arabia’s biggest construction company, was reunited last week with his family in the Red Sea city of Jeddah after being freed from an undisclosed detention site, two people close to his family said.
It was unclear whether the release of Bakr, a tycoon in his 70s once seen as a major powerbroker, was provisional as his movements are still curtailed, one of the sources said.
Published 13 May 2021
Saudi Arabia has released construction magnate Bakr bin Laden, more than three years after his detention in a purge of the kingdom’s elite that upended his vast business empire, sources told
AFP.
The former chairman of the Bin Laden Group, Saudi Arabia’s biggest construction company, was reunited last week with his family in the Red Sea city of Jeddah after being freed from an undisclosed detention site, two people close to his family said.
It was unclear whether the release of Bakr, a tycoon in his 70s once seen as a major powerbroker, was provisional as his movements are still curtailed, one of the sources said.
Riyadh frees Bin Laden patriarch
Updated:
Updated:
He was held in a 2017 purge of the kingdom’s elite at Ritz-Carlton hotel
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He was held in a 2017 purge of the kingdom’s elite at Ritz-Carlton hotel Saudi Arabia has released construction magnate Bakr bin Laden, more than three years after his detention in a purge of the kingdom s elite that upended his vast business empire, sources told AFP.
The former chairman of the Bin Laden Group, Saudi Arabia s biggest construction company, was reunited last week with his family in the Red Sea city of Jeddah after being freed from an undisclosed detention site, two people close to his family said.
The Straits Times
PublishedMay 14, 2021, 1:05 am SGT
https://str.sg/JvUP
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RIYADH (AFP) - Saudi Arabia has released construction magnate Bakr bin Laden, more than three years after his detention in a purge of the kingdom s elite that upended his vast business empire, sources told AFP.
As Saudi prince rises, Bin Laden business empire declines
Issued on:
28/04/2021 - 03:50 Construction cranes in Saudi Arabia s holy city of Mecca, pictured in 2015; the Bin Laden Group is the kingdom s biggest construction company and has been involved in key infrastructure projects AHMED FARWAN AFP 4 min
Riyadh (AFP)
Saudi Arabia s uber-wealthy Bin Laden family survived the fallout from the September 11, 2001 attacks in the US, but their fortunes nose-dived with the meteoric ascent of Crown Prince Mohammed bin Salman.
A decade after the killing of 9/11 mastermind Osama bin Laden, disowned and labelled the black sheep of the family, the construction empire founded by his father is saddled with crushing debt.