CrimeSaudi Arabia

Saudi: Sacked university president embezzled SR500M, says Nazaha

An official of Saudi Arabia’s anti-corruption agency has revealed new details related to the graft case involving the ousted president of the Jeddah-based King Abdulaziz University (KAU).

Ahmed Al-Hussein, undersecretary and official spokesman of the Oversight and Anti-Corruption Authority (Nazaha), said an amount exceeding SR500 million had been embezzled from the university’s funds. Dr. Abdurrahman Al-Youbi, the university’s president, was sacked from his position on Thursday by royal order over his alleged involvement in the case.

Al-Hussein told Al-Arabiya channel on Friday that necessary precautionary measures have been taken with regard to the funds that the university president was implicated in embezzling, in order to prevent their disposal.

He said, “Legal measures are underway to restore the money to the state treasury.”

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Source
Saudi Gazette
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