riyadh senior saudi arabian prince miteb bin abdullah see lead contender throne free agree pay billion settle corruption allegations saudi official say wednesday miteb 65 son late king abdullah former head elite national guard among dozens royal family members high officials senior businessmen round month crackdown graft strengthen power crown prince mohammed bin salman official involve crackdown speak condition anonymity say miteb release tuesday reach acceptable settlement agreement official say believe agree sum equivalent billion understand settlement include admit corruption involve know case official say without give detail accord official prince miteb accuse embezzlement hire ghost employees award contract firm include deal walkie talkies bulletproof military gear prince miteb first senior figure know release among detain around 200 people total question crackdown authorities say early month allegations include kickbacks inflate government contract extortion bribery could independently verify saudi authorities estimate could eventually recover around 100 billion illicit fund work reach agreements suspect detain riyadh luxurious ritz carlton hotel ask hand assets cash return freedom apart miteb saudi official say least three suspect finalise settlement agreements public prosecutor decide release several individuals prosecutor decide put least five people trial official say without disclose identities fate billionaire prince alwaleed bin talal chairman investment firm kingdom hold 4280.se one saudi arabia prominent international businessmen know kingdom issue statement early month say continue operate normally respond query status since detain early month two saudi source tell reuters prince alwaleed far refuse reach settlement ask access lawyer order fight allegations relatives lawyer officials office could contact comment saudi arabia stock market .tasi many investors alarm corruption probe rise news settlements prince miteb others main index trade 0.4 percent high around midday wednesday settlements may mean authorities soon wind part probe reduce risk damage economy freeze hundreds bank account ease danger firm link detainees could affect officials prince miteb office could reach comment release unclear able move freely whether would put house arrest acquaintance family say early twitter account prince miteb receive brothers sons palace riyadh arrest royals top businessmen welcome many saudis frustrate corruption crackdown also see many people pre-emptive step prince mohammed remove possible challenge control world top oil export country round-up follow meticulously plan palace coup june prince mohammed oust elder cousin prince mohammed bin nayef heir throne prince miteb overlord 100,000-strong national guard represent last great compete power center leave topple prince mohammed bin nayef september religious intellectual critics government jail senior saudi prince free billion settlement agreement official