Saudi Ministry of Finance signs MoU with Anti-Fraud authority

The Ministry of Finance signed a memorandum of understanding with the Saudi Anti-Fraud Association, with the aim of enhancing joint work in the field of combating fraud, by providing specialized consultations, exchanging experience and knowledge about joint programs and unifying efforts, to achieve the highest levels of efficiency and effectiveness in promoting a culture of integrity.

The Ministry was represented in signing the memorandum of understanding by Abdulaziz bin Musaed Al Musaed, Director General of the General Administration of Governance, Risk and Compliance, while it was signed by Mohammed bin Adnan Al Mudairis, CEO of the Association, in the presence of Abdullah bin Jaber Al Fifi, Chairman of the Board of Directors of the Association, and Mohammed bin Shaman Al Anzi, Director General of the Business Integrity Department in The Ministry of Finance and a number of officials from both sides.

On this occasion, the Director General of the General Department of Governance, Risk and Compliance confirmed that the signing of the memorandum comes within the framework of the Ministry of Finance’s endeavor to shift to a proactive and proactive approach and to enhance and establish a culture of integrity in all work and practices.

The memorandum signing ceremony witnessed a direct meeting to draw a map of cooperation and ways to implement the terms of the agreement, which includes holding programs and seminars related to the harms and risks of fraud, methods of detecting and preventing it, and the risks resulting from it.