Court postpones ruling on AlBaha’s lawsuit to April 15

01/04/2018 Argaam

Jeddah’s administrative court has postponed its verdict on AlBaha Investment and Development Co.’s claim against its former chairman and board members to April 15,  the company said in a statement to Tadawul.

 

AlBaha had accused its former board chairman and members of a fraudulent purchase of overpriced assets from a local contracting firm, seeking compensation of SAR 100 million – the difference between fair value and market price.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.