26 Mar '11, 9am

#Saudi prince is behind disputed LA mega-mansion via @cmswire #KIng #Abdullah #Saudi #Arabia #Persia #Detroit #USA OBAMA

LOS ANGELES - A SAUDI prince is the previously unidentified owner of a proposed mega-mansion site that has been the subject of gold-plated protest in the wealthy neighbourhoods around Beverly Hills, the property's previous owner said on Friday. Prince Abdulaziz ibn Abdullah ibn Abdulaziz Al Saud - one of the sons of Saudi King Abdullah - in 2009 bought the three adjacent parcels with the famous 90210 zip code in Benedict Canyon, where the massive mansion on Tower Lane that is roughly the size of the famed Hearst Castle is set to be built, movie producer Jon Peters told the Los Angeles Times. The prince paid US$12 million (S$15 million) for the hillside lot, set up a business, Tower Lane Properties Inc. in London, and made lawyers and contractors sign secrecy agreements to hide his identity. Residents of the neighborhood that is home to late-night TV host Jay Leno, David Be...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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