Saudi Arabia’s Al Tayyar Travel said on Monday that its business was continuing despite media reports that one of its non-executive board members had been detained.
KHOBAR, Saudi Arabia (Reuters) – Saudi Arabia&rsquo-s Al Tayyar Travel said on Monday that its business was continuing despite media reports that one of its non-executive board members had been detained.
The company named the board member as Nasser bin Aqeel al-Tayyar and said he had direct and indirect stakes in the company totaling 29.72 percent.
&ldquo-The company confirms the continuation of its business to serve the interests of its shareholders and customers,&rdquo- it said in a stock exchange statement, without giving details or revealing why he was reportedly held.
Saudi authorities have detained dozens of senior officials and businessmen in recent days in an anti-corruption probe.