Washington hosts Saudi Arabian & Middle East Legal Forum
Washington hosts Saudi Arabian & Middle East Legal Forum
It was organized by the Georgetown Arab Lawyers Organization (GALO) and the Saudi Law Training Center (SLTC), under the supervision of the Saudi American Public Relation Affairs Committee (SAPRAC).
Attendees and participants included more than 350 prominent Saudi and American figures from various fields, including education, law, economics, business and media.
The forum discussed ways to attract international investment and develop the Saudi economy in the fields of energy, transport, financial services, trade, sports and entertainment.
The event also discussed doing business within the Saudi legal system, and the impact of legal reform and transparency on privatization projects and partnerships between the public and private sectors in the fields of trade, health care and entertainment.
The forum discussed Saudi and Middle Eastern arbitration and judicial systems, and outlined new challenges and opportunities in the fields of health care, energy and transport.
The conference was opened by GALO President Ahmed Medhat Karoub, who praised the Kingdom’s opening of its economy and society, and the international community’s embrace of this.
He said Crown Prince Mohammed bin Salman’s Vision 2030 reform plan is derived from his appreciation of, and support for, innovation and science.
The Kingdom has made great strides in many areas, reflecting decision-makers’ efforts to establish a legal system and working environment that will help create a prosperous and sustainable economy, Karoub added.
Andrew Patterson, a board member of the International Environmental Business Organization, said during a panel discussion that the Kingdom is investing in its youth via Vision 2030.
Andrea Sherman, professor of law at Georgetown University, said: “I am very pleased to participate in the conference, which brought back wonderful memories of my time in Saudi Arabia as legal adviser to a number of elite companies.”
He praised the organization of the conference, and the ambition of young Saudi men and women to improve their society and country.
Stephen Hammond, a lawyer and partner at Hughes Hubbard & Reed, said the forum exceeded all expectations in addressing all issues relating to the Kingdom’s future and Vision 2030.
Such events are important in correctly presenting Saudi society, especially from a legal perspective, he added.
Saudi Justice Ministry Judge Sheikh Saleh Al-Saawi said laws and regulations enacted by the Kingdom’s leadership guarantee the judiciary’s independence and social justice for all its citizens.
Dr. Nouf Al-Ghamdi, a legal adviser and member of several accredited legal committees, praised the aims of Vision 2030 to strengthen the fields of entertainment, sports and tourism, and to encourage women’s participation in the workforce and in decision-making.
Attorney Majed Karoub, head of the SLTC, expressed pride in the conference’s success.
The Kingdom’s future lies in its youths’ determination to enable it to compete with developed countries in all sectors, he said.
SAPRAC’s vice president of media, Reem Daffa, said the forum successfully merged Saudi and American cultures.
It was a unique opportunity to link Saudi law students with a network of experts in various legal disciplines that are necessary in the Kingdom in light of Vision 2030, she added.
Wife of former Malaysian PM Najib to be questioned by anti-corruption agency
- Rosmah was first questioned in June in connection with the investigation
- A source familiar with the investigation said Rosmah would be questioned in connection with the 1MDB probe
KUALA LUMPUR: Rosmah Mansor, the wife of former Malaysian prime minister Najib Razak, was summoned on Tuesday for questioning by the anti-graft agency in its multi-billion dollar corruption probe at state fund 1MDB.
It was the second time Rosmah, 66, has been called in by the Malaysian Anti-Corruption Commission (MACC) since the shock defeat of Najib in the May general election.
Rosmah was first questioned in June in connection with the investigation, which is looking into allegations of corruption and misappropriation in state fund 1Malaysia Development Berhad (1MDB). Her husband has pleaded not guilty to charges of money laundering, abuse of power and criminal breach of trust.
The former first lady was served with a notice on Tuesday afternoon to appear before MACC the next day, her lawyer K.Kumaraendran said, adding that she was asked to assist with investigations under the anti-money laundering act.
A source familiar with the investigation said Rosmah would be questioned in connection with the 1MDB probe.
After filing fresh charges against Najib last week, Azam Baki, the deputy commissioner of the anti-graft agency, said more charges could be brought against individuals over 1MDB.
When asked if Rosmah could face charges, he said: “I’m not denying that.”
Rosmah’s penchant for designer handbags, watches and jewelry raised eyebrows in Malaysia, with opponents asking how she was able to afford the luxury items on her husband’s government salary.
She has drawn comparisons to Imelda Marcos, who left behind more than 1,200 pairs of shoes when her husband Ferdinand Marcos was ousted as president of the Philippines in 1986.
Najib and Rosmah have both been barred from leaving the country since the former’s election defeat, and their home and other properties linked to them have been searched by the police as part of the 1MDB investigations.
The haul seized from the properties included 567 handbags, 423 watches and 12,000 pieces of jewelry.
Najib has said most of the seized items were gifts given to his wife and daughter and had nothing to do with 1MDB.
The US Department of Justice has alleged more than $4.5 billion was misappropriated from 1MDB and that about $680 million ended up in Najib’s personal bank account. Najib has denied any wrongdoing.