Graft seen in Saudi railway deals
Riyadh, March 14, 2013
Saudi Arabia's National Anti-Corruption Commission (Nazaha) has detected corrupt practices in relation to three Saudi Railways Organization contracts worth more than 500 million riyals ($133 million), said a report.
Nazaha has been referred the case to the Saudi Control and Investigation Board for further investigation, an Arab News report said citing local newspaper.
The contracts involved safety systems for the railway network, which are yet to been installed. The delay has led to a number of accidents during the past few years, the report said.
Hamad Abdel Qader, deputy chief of operations at the Saudi Railways Organization, was quoted by the report as saying his organization will respond to Nazaha soon.
Tags: Saudi | railway | Corruption | graft |
More Construction & Real Estate Stories
- Sabic unveils green plastics for construction
- Arabtec appoints new chief risk officer
- 1,800 contracting workers in Bahrain end strike
- 200 Arabtec workers to be repatriated
- Abyaar announces Dubai project delivery
- Dar Al Arkan raises $450m from sukuk sale
- Arabtec workers end strike; dispute 'resolved'
- Bahrain launches project for 4,500 homes
- Qatari group unveils $823m giant mall project
- Tecom announces new operational structure








