Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
DEEP READ
Ukraine
access_time 16 Aug 2023 5:46 AM
Putin
access_time 2 Jan 2025 8:06 AM
What is Christmas?
access_time 26 Dec 2024 5:49 AM
Munambam Waqf issue decoded
access_time 16 Nov 2024 5:18 PM
exit_to_app
Homechevron_rightMiddle Eastchevron_rightSaudi Arabiachevron_rightIndian ex-workers of...

Indian ex-workers of Saudi’s MMG urged to claim unpaid dues

text_fields
bookmark_border
Indian ex-workers of Saudi’s MMG urged to claim unpaid dues
cancel

The Indian Embassy in Riyadh has issued a crucial notice for former Indian employees of the now-defunct Saudi construction giant, Mohammed Al Mojil Group (MMG), requesting them to update their contact details to facilitate the processing of long-pending dues.

The embassy announced on Monday, March 24, via social media platform X, that it is actively coordinating with the bankruptcy trustee—Asaad Saleh Basudan’s office—to ensure the fair distribution of funds as part of the ongoing bankruptcy settlement process.

MMG, once a dominant player in Saudi Arabia’s construction and engineering sector, was founded in 1954 and had played a pivotal role in major infrastructure and oil and gas projects, including collaborations with Saudi Aramco. However, the company’s fortunes took a drastic downturn in the early 2010s due to financial mismanagement, rising debts and allegations of fraud. The situation culminated in its bankruptcy declaration in 2016.

In 2017, Saudi authorities convicted key executives, including the company’s founder and his son, of stock market fraud linked to MMG’s 2011 Initial Public Offering (IPO), further cementing the company’s fall from grace. The collapse left thousands of employees—many of them Indian nationals—without salaries or end-of-service benefits.

Now, after years of legal proceedings and financial restructuring, efforts are finally underway to compensate those affected. The embassy is urging all former Indian employees of MMG—or those who may know any ex-employees—to come forward and update their mobile number, email address, and current residential address using the official form or QR code provided in the notice.

"This step is essential to ensure that eligible individuals can be reached and included in the settlement process," the embassy stated.

For further information, individuals are encouraged to refer to the official embassy notice or visit the Indian Embassy’s social media channels.

Show Full Article
Next Story