Saudi Aramco says state corruption purge should hearten investors:
"Saudi Arabia’s sweeping anti-corruption purge should be viewed “very positively” by potential investors in Saudi Aramco as a sign the kingdom is committed to economic reform, according to the state energy giant’s chief executive. As the world’s biggest oil producer prepares to sell shares to the public next year in what has been billed as the biggest initial public offering in history, Amin Nasser said investors should “appreciate” efforts to root out graft at the top of Saudi Arabia’s society. “We support and welcome all the measures taken by the government to eradicate any type of corruption,” he said in an interview. “As an investor you would like to go to a climate where you don’t see any type of corruption whatsoever. So, they should look at it very positively.”"
'via Blog this'
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