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Suspicion that some board members have, along with others, been involved in incidents that violate the provisions of Federal-Decree Law No. 32 of 2021 on Commercial Companies and the provisions of Board Chairman’s Decision No. (3/Chairman) of 2021 Approving the Governance Guide for Public Joint Stock Companies, such as signing contracts with related parties without the approval of the general meeting and without disclosing such signing as per the established legal procedures. Revealing corporate secrets and causing great damage to corporate interests and to shareholders.
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Refer the facts to the Federal Public Prosecution
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