Dutch builder Strukton hit by bribery charges over Riyadh Metro
Prosecutors have opened an investigation into alleged bribery related to Strukton's work on Saudi Arabia's $23bn Riyadh Metro
Dutch construction company Strukton is being investigated over bribery allegations connected to Saudi Arabia's $23bn (SAR86.3bn) Riyadh Metro.
The Dutch Fiscal Information and Investigation Service (FIOD) this month opened an investigation into alleged corruption of the company’s involvement in the Riyadh rail project.
In a statement on 15 February, Strukton said the probe will examine “the processes of the Riyadh project”, with the contractor adding that it was complying with the investigation.
Strukton is a member of the Fast Consortium contracted by the Riyadh Development Authority. Fast is one of the consortiums building Riyadh Metro.
Alongside Strukton in the group is Spanish construction firm FCC, Samsung C&T, Alstom, Freyssinet Saudi Arabia, Atkins, Typsa, and Setec.
Strukton is building three of the six lines under a $6bn (SAR22.5bn) consortium contract, with its share worth $1bn (SAR3.7bn), according to its website. Its scope includes construction of 30km of viaducts and more than 30km of underground and overground train tracks.
According to Reuters, prosecutors from the Netherlands raided Strukton’s offices, seizing an undisclosed number of documents. A statement on the investigation picked up by Reuters said: “The focus of the investigation is possible corruption and forgery in relation to the obtaining of a contract to build a metro in Riyadh.”