Prince Al Waleed Bin Talal also known as the richest person in Saudi Arabia with a net worth of over 17 Billion $ according to Forbes was arrested in November. A big scandal of corruption has risen in Saudi Arabia where more than 300 people were arrested under these charges. Among them and other rich personalities and businessmen was himself the richest person in Saudi Arabia – Prince Al Waleed Bin Talal. The scandal seemed to be promoted by the newly installed ruler of Saudi Arabia Prince Mohammad bin Salman who is also the person who wants a big share from Prince Al Waleed Bin Talal assets. Carrying a long way of discussions and negotiations, Prince Al Waleed Bin Talal refused to pay nearly 6 billion $ and this is why he was put under arrest at the Riyadh Ritz Carlton Hotel.
In Saudi Arabia people can feel a new wave of power changing as most of the people involved in ruling the country are now arrested and there is no trial on its way. There is no exterior power such as US, Russia or China to interfere in the conflict and also Prince Al Waleed Bin Talal seems to be left out by his exterior friends. Now the once prominent figure of Saudi Arabia welfare has been transferred to the Al Haír prison and is waiting to see how things will turn. There is so much quiet around this case and no one seems to see what is really happening. A fast arrest under the allegations of money laundering and bribery has cleaned up the most powerful people in Saudi Arabia including Prince Al Waleed Bin Talal and now the ruler Prince Mohammad bin Salman wants his share. Strong connections have been established with the US and Israel and we might be facing a conflict with Iran. It is clear that Prince Al Waleed Bin Talal might have no other option than please Mohammad bin Salman in order to regain his freedom.