|
|
 |
SAUDI-US-BANKING-BUSINESS-LAWSUIT
An undated file picture shows one of Saudi Arabia wealthiest businessmen Maan al-Sanea in Riyadh. The Saudi Kingdom has been rocked by a lawsuit charging Sanea, with stealing 10 billion dollars from his wife's family over four years. Saudi newspapers on July 18, 2009, splashed reports that the prominent Algosaibi business group had filed a lawsuit in a New York court accusing billionaire Sanea of using a workers remittance unit to hide the skimming of huge sums from unauthorised foreign exchange deals with banks. In the biggest scandal to erupt publicly in the Gulf in the wake of the global financial meltdown, Sanea is accused of having used inflated spreads on short-term foreign exchange transactions from the unit to swindle Ahmed Hamad Algosaibi Brothers Co, or AHAB, according to documents filed in New York's state supreme court. AFP PHOTO/MIDO AHMED
|
|
|
|
Detalii fotografie |
| Loc: |
|
Riyadh, 180, SAUDI ARABIA |
|
| Sursa: |
|
AFP / Mediafax Foto |
|
| Fotograf: |
|
MIDO AHMED |
|
| Data: |
|
19 Iulie 2009 |
|
| Dimensiuni: |
|
1866 x 2656 (1.16 MB) |
|
|
|
|
|
|