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Prince Al Waleed Bin Talal Image Credit: Reuters

Dubai: Kingdom Holding Company, the Riyadh-based investment company controlled by Prince Al Waleed Bin Talal of Saudi Arabia, has denied reports of an alleged encounter between the prince and a woman in Ibiza in August 2008, calling the accusations "completely and utterly false".

The denial came after the New York Times reported on Tuesday that a Spanish judge has reopened an abandoned sexual-assault case against Prince Al Waleed, reviving accusations that he raped a 20-year-old model on a luxury yacht in the Spanish Mediterranean in August 2008.

In a media statement issued yesterday, Heba Fatani, a spokeswoman for Prince Al Waleed's investment arm, said: "The alleged encounter simply never happened… Not only was Prince Al Waleed not in Ibiza at any time in 2008 but has not been in Ibiza for over a decade. Further, Prince Al Waleed's yacht, Kingdom 5KR was not in Ibiza in 2008 nor has Prince Al Waleed ever charted a yacht in Ibiza."

According to the New York Times report, the accuser did not go public, and the original complaint appears to have remained largely unknown. The case was closed in July 2010 "for what a judge on the Mediterranean resort island of Ibiza called a lack of evidence. But on appeal, a Spanish provincial court for the Balearic Islands, which has jurisdiction over Ibiza, ordered the judge to resume investigating and to summon the prince to appear. The provincial court said the judge, Carmen Martin Montero, was on vacation and could not be reached for comment," the report said.

According to the New York Times, the model, whose lawyer has identified her by only her middle name, Soraya, filed a police complaint in August 2008, saying the prince had raped her on the yacht after she was drugged.

She said she had been invited to the yacht at an Ibiza nightclub, the report said.

According to a summary of a provincial court's order to reopen the case, medical tests conducted by departments of Spain's National Institute of Toxicology and Forensic Science turned up traces of semen and a sleep-inducing chemical, nordazepam, in her urine.

In the 2010 decision to close the case, the Ibiza judge said the forensic and medical tests had shown no signs of physical violence that could confirm a rape, the New York Times reported.