Corruption costs flight of SR3 trillion worth Saudi funds Arab News - 22 February, 2007 www.gulfinthemedia.com/index.php?id=287883&news_type=Economy&lang=en Saudi funds worth SR3 trillion ($ 800 billion) have gone out of the Kingdom as a result of administrative corruption, according to Majed Garoub, a legal consultant and chairman of the lawyers committee at the Riyadh Chamber of Commerce and Industry. Garoub did not say over what period of time this figure is derived.
LONDON [MENL] -- Saudi Arabia has drafted a strategic plan that envisions the end of a U.S. military umbrella over the kingdom and the procurement of nuclear weapons.
Saudi Arabia
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