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
- Pacific Ventures names brand ambassador
- Chesterton to unveil prime London properties
- Indian Property Show 2013 to be ‘biggest ever’
- Alwaleed eyes world's big cities for mile-high tower
- Cluttons seals tenancy deal with Durrat
- Masdar launches wind farm in Seychelles
- Drake & Scull mulls dual listing in Saudi
- APR Energy wins biggest Libya power contract
- Carillion Alawi wins $201m Oman contract
- Aldar awards $1.1bn contract to Arabtec venture








