Saudi Arabia’s Capital Market Authority (CMA) said its investigations into Etihad Etisalat Company’s (Mobily) financial statements will also affect a former member of the teleco’s board, according to a report published by Asharq Al-Awsat newspaper.

The market regulator said it ​is currently conducting its review of the company's practices that may have

led to its​ dubious financial statements reported in 2014​. 

The CMA assigned its own independent audit team last week to review Mobily’s financial statements.

Early investigations into the operator's case started in November when the regulator first suspected that the company had been violating market laws and listing regulations.
 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request