Mohammed al-Amoudi, Saudi-Ethiopian billionaire was freed on Saturday 26 January by the Saudi government more than a year after he was detained under the controversial anti-corruption campaign.
Ethiopian Prime Minister Abiy Ahmed made representations for Amoudi’s with Crown Prince Mohammed bin Salman (MBS) during a trip to Riyadh last May.
Amoudi was detained at Riyadh’s Ritz-Carlton hotel in November 2017 along with dozens of princes, officials and businessmen after MBS launched his so-called “anti-corruption purge”.
According to a Forbes report last year, his net worth was estimated to be $10.9bn. Forbes downgraded his net worth earlier this month to $1.2bn “due to a lack of clarity about which assets he still owns”.
It is unclear how much, if any, of Amoudi’s wealth he may have handed over to the Saudis in exchange for his release.