Saudi corruption settlements will net “not significantly less” than $13 bln in 2019 – minister
21 Dec 2018

Saudi Arabia’s finance minister said on Wednesday that cash settlements from an anti-corruption campaign would net “not significantly less” in 2019 than the 50 billion Saudi riyals ($13.3 billion) collected in 2018.

Mohammed al-Jadaan also said in a Reuters interview that construction giant Saudi Binladin Group, in which the government took a roughly one third stake under the campaign, would soon have a “normal board” with family members and representatives of government ownership.

– Reuters, 19 December 2018.

Link to Reuters.

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