Dismissed Lebanese workers demand Saudi Arabia pay their financial compensations

By On January 14, 2018

Dismissed Lebanese workers demand Saudi Arabia pay their financial compensations

Dismissed Lebanese employees from the construction company, Saudi Oger, protested n front of the Saudi embassy in Beirut, Sunday, to demand that the Saudi regime pay financial compensation for their lost salaries.

Lebanese Prime Minister, Saad Hariri â€" whose family owns the company â€" was also a target of the protesters.

Over the past 39 years, Saudi Oger owned by Hariri family made huge financial gains worth billions of US dollars, however, over the past few years, the company suffered losses due to prevailing economic conditions and poor corporate governance.

Read More: Ancient statues looted in Lebanon’s civil war returned

The Wall Street Journal reported in November that the company shut down its main headquarters in Riyadh after Saudi Arabia’s royal family cut spending on luxury construction projects.

Th e newspaper quoted former employees of the company as saying that the company had relied on the Saudi government to pay millions of dollars in wages owed to its former employees and that Saudi officials were investigating the company’s funding. The newspaper pointed out that the problems experienced by the company reflected on the influence exercised by the Saudi authorities on Hariri as well as on Lebanon itself.

Source: Google News Saudi Arabia | Netizen 24 Saudi Arabia

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