The government of Saudi Arabia has arrested 11 princes, including billionaire Alwaleed bin Talal.
In addition, the Saudi government also detained four ministers and dozens of former ministers.
The news of the detention has been reported by Saudi Arabia's trusted broadcaster, Al Arabiya.
According to Al Arabiya sources, the arrest was made on the orders of an anti-corruption committee that is now headed by the Saudi royal crown prince Mohammed bin Salman on Saturday (4/11/2017).
The committee announced it had reopened the flood-related file in Jeddah in 2009 and investigated the MERS virus case.
The arrest of a number of princes and prominent Saudi government figures became the latest step in consolidating the power of the crown prince Mohammed bin Salman, who is also King Salman's chief advisor.
Believed, the arrest will have a major impact on the royal government as well as the world economy.
Prince Alwaleed who became one of the richest people in the world is known to hold a major stake in a number of companies such as Twitter, Apple, Time Warner, and many other world-renowned companies.
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