Saudi insurance firm’s board members, audit executives convicted, fined by market regulator
Some members of Weqaya Takaful and Reinsurance Co.’s board of directors, audit and executive committees were convicted and fined SR1.3 million ($350,000) in the lawsuit filed by the Capital Market Authority. The decision of the Appeal Committee for Resolution of Securities Disputes was announced Jan. 13, 2021, by the General…
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