Justice Ministry foils corrupt SR400bn land deal

Justice Ministry foils corrupt SR400bn land deal
Updated 18 July 2014

Justice Ministry foils corrupt SR400bn land deal

Justice Ministry foils corrupt SR400bn land deal

The Ministry of Justice has foiled a whopping SR400 billion corrupt land deal, according to a leading judge and Shoura Council member.
Issa Al-Ghaith revealed this information on his Twitter account late Wednesday.
"The Riyadh Appeals Court has nullified corrupt land trading of millions of square meters worth SR400 billion ($106.6 billion) at current valuations," Al-Ghaith wrote. He did not provide further details.
This is believed to be the first exposure of a land deal of this magnitude, and comes amid efforts by the Saudi government to crack down on corruption in the public sector.
Security expert Mohammed Al-Kuwaiz praised the recent reforms in the ministry aimed at curbing illegal transactions.
Sulaiman Al-Shalan, an economist, said “We hope the government will seize this vast land and give it to the Ministry of Housing to expedite the mega-housing project for the Saudi people.”
Lawyer Abdullah Hamza said that Al-Ghaith’s statement is “true and the Ministry of Justice is one of the best organized government bodies to fight corruption.”
Anti-graft organizations have recently intensified their crackdown on corrupt land deals.