Exclusive: Saudi court approves detained tycoon Sanea's bankruptcy filing

March 9, 2019 by  
Filed under News

A Saudi court has approved an application by detained and indebted billionaire Maan al-Sanea and his company, Saad, to have their case resolved through the kingdom’s new bankruptcy law, the company’s financial adviser and two sources familiar with the matter told Reuters.

Source: Reuters Business News

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