Saudi corruption settlements will net "not significantly less" than $13 bln in 2019 -minister

Saudi Minister of Finance Mohammed al-Jadaan speaks during a news conference in Riyadh, Saudi Arabia December 18, 2018. (Reuters)
Updated 19 December 2018

Saudi corruption settlements will net "not significantly less" than $13 bln in 2019 -minister

  • Mohammed al-Jadaan also said that construction giant Saudi Binladin Group would soon have a "normal board" with family members and representatives of government

RIYADH: 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.
He added that the kingdom's sovereign wealth fund, the Public Investment Fund, has no role in a ministry-owned company that is managing assets seized through settlements with dozens of Saudi elite detained last year under the corruption purge.


Saudi efforts for promotion of human rights lauded

Updated 10 December 2019

Saudi efforts for promotion of human rights lauded

  • Saudi Arabia has spent more than $86 billion in over 81 countries between 1996 and 2018

RIYADH: Dr. Awwad Al-Awwad, president of the Kingdom’s Human Rights Commission, said on Tuesday Saudi Arabia is keen to play a constructive role to maintain international peace and security, prevent conflicts and promote a culture of tolerance.
He said this during a meeting with Marielle de Sarnez, who is a member of the French National Assembly, in Riyadh.
They reviewed Saudi efforts in supporting human rights and the ongoing reforms in the Kingdom with a particular reference to the protection of human rights.
The French politician praised the developments taking place in the Kingdom in all sectors particularly human rights and women’s empowerment.

Saudi assistance
On the occasion of Human Rights Day, which is observed globally on Dec. 10, Al-Awwad said: “(Protection of) human rights is an issue of great international concern especially in the light of the rise in wars, intolerance, terrorism, hatred and racism.”
Highlighting the Kingdom’s role in humanitarian causes, the rights chief said that Saudi Arabia has spent more than $86 billion in over 81 countries between 1996 and 2018.
Commenting on the Kingdom’s keenness to preserve global and regional peace, he cited the Riyadh agreement between the legitimate Yemeni government and the Southern Transitional Council as an example.
He reiterated the Kingdom’s historical stance on the Palestinian issue.

Symposium
The Human Rights Commission organized on Tuesday a symposium titled “Human Rights, A Vision for the Future” in Riyadh.
Professionals in the field of human rights from inside and outside the Kingdom participated in this symposium, which was attended by a number of diplomats.
The symposium highlighted the Kingdom’s role in protecting and promoting human rights in accordance with its national and international commitments in this field. It also shed light on the Kingdom’s cooperation with various human rights organizations and reviewed the importance it attaches to the independence of the judiciary, the rule of law, safeguarding the rights of subjects of law, and respecting the course of justice.
The symposium discussed the most prominent developments in human rights during the reign of King Salman, safeguarding the privacy and rights of children in light of the digital age, and providing protection to the elderly as well as the challenges facing providing them with a suitable environment.
Abdul Aziz bin Abdullah Al-Khayyal, vice president of the Human Rights Commission, emphasized in a speech he delivered on behalf of the commission’s president, Dr. Al-Awwad, that Saudi Arabia, led by King Salman and Crown Prince Mohammed bin Salman, has made strides in the field of human rights.
“Saudi Arabia works continuously to achieve sustainable development through Vision 2030, in which the youth actively participate and play a major role in positive social change to contribute to more development achievements,” he said.
UN Resident Coordinator Nathalie Fustier stressed in her speech that the Kingdom has made many achievements in the field of human rights and that these efforts deserve to be saluted.
She added that the youth account for 25 percent of the Kingdom’s population and are the heart of society as they create the future of the next generations.
Fustier pointed out that at a global level, all development goals stipulate the protection of rights, including the rights of young people as they deserve many advantages and must be provided with the maximum benefits and more than the well-being and rights they have.