The Saudi Control and Anti -Corruption Commission, “Integrity Community”, revealed new details about the case of the President of King Abdulaziz University, Abdul Rahman bin Obaid Al -Youbi, who was dismissed from his position after he was seized in the violations of financial and administrative corruption.
In her report, she acknowledged that, in anticipation of surrendering the state treasury, she had concerns regarding funds totaling more than 500 million riyals.
In an interview with Al-Arabiya, the authority’s official spokesman, Ahmed Al-Hussein, said that they have long-standing information concerning the university president’s financial and administrative wrongdoings and history of corruption.
As a result, the commission started looking into and gathering evidence regarding the existence of a number of violations, including the exploitation of job influence in financial contracts for supervising projects, exploitation of influence in studies and research projects, and exploitation of the existence of a mandate for a number of university financial accounts.
He proceeded by saying that the accused was arrested and an investigation was conducted as soon as the procedures were finished and sufficient evidence and hints were gathered.
She also indicated that Al -Youbi confessed to the charges attributed to him, stressing that the embezzled amounts exceed 500 million riyals, which prompted the authority to procedural reservations necessary to prevent their disposal, in preparation for returning it to the state treasury.
Al-Hussein noted that the investigations had shown that there were further parties implicated in this matter, and that those parties are still being investigated and will face regular sanctions.
He emphasised that in such circumstances, the competent judiciary determines the punishments anticipated for the accused.
He pointed out that the perpetrator in this case is from the excellent rank, and the punishment that he applied to is stipulated in the prosecution law, and it may be tightly up to a prison for 10 years.
Since all money laundering offences are connected to a general job, the aggravating factor is also tied to the individual and may result in 15 inmates.
It is noteworthy that King Salman bin Abdulaziz, the Custodian of the Two Holy Mosques, issued an order on Thursday exempting Dr. Abdul Rahman Al-Youbi, Director of King Abdulaziz University, from his duties and referring him to the Control and Anti-Corruption Commission for the purposes of completing the required formalities against him.
The royal order was issued as a result of the Integrity Commission’s findings proving that the defendant had committed the crimes of forging documents and money laundering as well as using their position to further personal interests.
Director of Saudi Arabia’s embezzled university acknowledges stealing 500 million riyals.
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