Saudi Arabia's government bodies haggled and traded accusations this week over a presumed wastage of a staggering $29bn (Dh106.43bn) in public money in a rare publicised official demonstration of intensifying anti-corruption crackdown in the world's largest oil exporter.
The heated debate between the Shura council (appointed parliament), the General Auditing Bureau (GAB) and other government institutions coincided with moves by the Kingdom to promote itself as one of the world's best and safest investment destinations within a long term diversification programme intended to reduce its reliance on unpredictable oil sales.
The exchange, which appeared to be over-publicised by the Kingdom's official media and newspapers, also came at a time when the country is reeling under a sharp fall in oil prices and production due to the global financial distress after years of fiscal euphoria.
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