Transparency Global Report Unveils Corruption Allegations in RKIZ Agricultural Project

The Transparency Global Organization, led by former senator Mohamed Ould Ghadda, has published a detailed report highlighting financial discrepancies and corruption allegations in the Arkéiz agricultural project. The project, financed by the Saudi Development Fund, shows significant inconsistencies in its reported costs, ranging between 9.3 billion and 14.4 billion old ouguiyas, while the official website of the Saudi Fund states a cost of 13.5 billion old ouguiyas.

Corruption Allegations and Mismanagement:

Discrepancies in Costs: The report identifies a gap of 4 billion old ouguiyas, suggesting mismanagement or undeclared funding.

Delays in Execution: The project is four years behind schedule, leading to loan repayments and interest charges before completion.

Reduced Productivity: Resources allocated for equipment purchases and technical support were poorly utilized, negatively impacting agricultural output.

Negative Consequences:

- Exhaustion of reserves meant for repairs and adjustments.

- Necessity to request additional funding to cover deficits.

Organization's Recommendations:

The report calls for an immediate investigation to trace the missing funds and publish detailed results to ensure transparency and accountability.

Source :Yonhap **Source :** [Taqadoumy](https://ar.taqadoumy.mr/?p=51534)