A major airline company lost nearly SR70 million to fraud committed by four employees over the past five years according to the investigations of the Commission for Investigation and Prosecution, sources said. An internal audit spotted the embezzlement of ticket revenues in Hail, Jeddah, and Riyadh over the past five years. The four will go on trial before the Court of Grievances in the next few days. Bank accounts of the four employees have been frozen pending the trial. About 20 travel agencies have been investigated and later cleared for insufficient evidence to link them to the embezzlement operation. The agencies said that they had had no way to know whether the tickets they received from the airline were original or faked. They, however, were cited for business violations. The four detainees had submitted either their resignation or request for early retirement before they were arrested as a result of the audit.
