His Excellency Ibrahim Al Omar, the Governor of the Saudi Arabian General Investment Authority (SAGIA), issued the following statement on the anti-corruption committee formed by Royal Order on Saturday:
“The Saudi Arabian General Investment Authority’s priority is facilitating and fostering investment in the Kingdom. To this end, we believe that the establishment of the Anti-Corruption Committee chaired by HRH Crown Prince Mohammed bin Salman is a vital step in creating a fair and level playing field for all potential investors.
This is a clear sign that the Kingdom is ready to protect companies’ and individuals’ investments from legally reprehensible actions.
Such policies are internationally accepted norms that will positively impact the country’s overall economic well-being. It should be noted that the anti-corruption committee is only one element of Vision 2030’s policy roadmap for the development of the Kingdom’s society and economy.”