Saudi prince can buy his way out detention for $6 billion

But the mogul suggested he’d have to dismantle his financial empire to raise the $6 billion for his release — and is discussing giving away a piece of his company, the Kingdom Holding Company, to the Saudi government instead of forking over the cash, according to the paper.

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“Keeping [the empire] under his control, that’s his battle,” a source said.
The prince faces allegations of money laundering, bribery and extortion, according to a senior Saudi official.

But a lawyer who’s worked with al-Waleed said “there are no formal accusations” against him.

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