The Manila Times

SPAIN SHELVES PROBE INTO SAUDI RAIL PROJECT CONTRACT

Spanish prosecutors have dropped a probe into suspicions Spanish firms paid kickbacks to secure a contract to build a high-speed rail link in Saudi Arabia, a ruling made public Thursday (Friday in Manila) showed. In 2011, Saudi Arabia awarded the contract worth 6.8 billion euros ($7.2 billion) to a consortium of 12 Spanish companies and two Saudi firms to build the railway linking Islam’s holiest cities, Mecca and Medina. Spanish prosecutors opened an investigation into the deal after a former mistress of Spain’s former king Juan Carlos was heard in a telephone conversation discussing commissions which were allegedly paid to secure the contract. Anti-corruption prosecutors decided to shelve the probe “as it was not possible to determine the possible commission of the criminal offense,” according to the ruling dated May 4.

Asia And Oceania

en-ph

2022-05-14T07:00:00.0000000Z

2022-05-14T07:00:00.0000000Z

https://digitaledition.manilatimes.net/article/281938841512197

The Manila Times