Saudi Arabia announced the arrest on Saturday night of the prominent billionaire investor Prince Alwaleed bin Talal, plus at least 10 other princes, four ministers and tens of former ministers. The sweeping campaign of arrests appears to be the latest move to consolidate the power of Crown Prince Mohammed bin Salman, the favorite son and top adviser of King Salman.
Frankly speaking, I know you may ask the question: if that's the case, then why are you here? I understand, every person is innocent until proven guilty. I'm a Saudi citizen and a member of the royal family, and I know people are asking why Alwaleed is here. It does not make sense, because they know I am very involved in charity, philanthropy ... So there's a contradiction, I understand this. But you know, there's a misunderstanding and it's being cleared.