An official source at Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha) revealed on Thursday that the authority recently received a report from the Human Resources Development Fund (Hadaf) over the disbursement of huge sums of meant for one of its commercial enterprises support programs in an irregular manner.
The money was disbursed by reusing payment orders that were made previously and transferred to bank accounts belonging to commercial enterprises owned by a citizen.
The source said that authority immediately swung into action conducting field investigations, and after reviewing those bank accounts it was proven that they were not entitled to the support and that the total transferred sums amounted to more than SR39 million.
After diligent investigations, it was found that a citizen had exploited a loophole in the electronic system and hacked the official website of (Hadaf) and activated a new authorized user that enabled him to access old payment orders and disburse amounts to account numbers to the enterprises that he owns. The total transferred amount reached up to SR39.8 million between 2018 and 2020.
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