Inmaia claim SABB Takaful for a compensation of SR 65.9 million through the relevant committees

INMAIA for investment and development of real estate and tourism had filed a case with the General Secretariat of the Committees of Settlements of Disputes and Violations of insurance against SABB Takaful Company, demanding a payment of 65.88 million Saudi Riyals as a compensation for the damage done to the commercial center owned by the company (Central Park), located in Jeddah, on 24/6/2012.

The General Secretariat has directed that a response should be given within fifteen working days from the date of complaint.

SABB Takaful Company had issued a statement today announcing that it will refer the claim papers to the Legal Counsel to assume the answer, and will announce for future developments, if any in that regard.