Board of beleaguered Mohammad Al-Mojil Group resigns
June 20, 2016
The entire board of Saudi construction services firm Mohammad Al-Mojil Group resigned Sunday. The board said its decision is, in part, due to concerns about the unlimited director and executive liabilities in Saudi Arabia. The resignations come shortly after a decision to fine the company after its chairman and his son were sentenced for misrepresenting the company's value.
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