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Al-Gosaibi finds irregularities in finance unit

Posted on 12 June 2009

From Tradearabia.com: Saudi privately-owned Ahmad Hamad Al-Gosaibi & Brothers Company (AHAB) on Thursday said it had discovered evidence of substantial financial irregularities within its financial services arm.

“While this review is in its early stages, the preliminary findings indicate strong evidence that there have been substantial financial irregularities within the financial services arm”, it said in a statement……..Full Article: Source

 
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