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بوابة الوسط
Agency leaders detained over investment contracts
The Public Prosecution has ordered the detention of the Head of the Agricultural Projects Development and Investment Authority, the Director of Investment Management, and their predecessor temporarily, in connection with violations related to dealings in investment contracts that harmed public interest. Investigations revealed that the officials have entered into contracts allowing investors to benefit from thousands of hectares of agricultural land in exchange for significantly reduced payments, with the value of one hectare in some contracts not exceeding 12 dinars annually, and in others 30 dinars, despite the large areas involved. Additionally, they permitted the exploitation of agricultural project assets valued at millions of dinars without proper valuation or financial compensation, leading to damage to public interests. Therefore, the prosecution has decided to keep the defendants under temporary detention and to continue the investigations.
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