Saudi Arabia's Capital Market Authority imposed nearly SR18 million in fines on former Saudi German Health board and audit committee members over financial statement manipulation.

Saudi Arabia's Capital Market Authority imposed nearly SR18 million in fines on former Saudi German Health board and audit committee members over financial statement manipulation.

Saudi CMA penalises 11 Middle East Healthcare officials for inflating Saudi German Health revenues by SR358m, with fines, bans and investor recourse options

Six Saudi German Health board members resign after CMA fines for financial statement manipulation, with regulators imposing nearly SAR 18 million in penalties.