- Executives can't leave country as crane death is investigated
- Finance ministry intends to review all of group's projects
Saudi Binladin Group has been barred from taking on new projects in Saudi Arabia and its executives are banned from traveling as the government investigates a crane accident in Mecca that killed more than 100.
The kingdom’s royal court imposed the bans, which will continue until the probe into the accident is concluded, according to a statement posted on the state-run Saudi Press Agency. The finance ministry will review all projects undertaken by the privately owned conglomerate.
A crane operated by the company collapsed earlier this month at the Grand Mosque in Mecca, Islam’s holiest site, leaving 107 dead and injuring 238. The accident was caused by strong winds and the mistaken position of crane, according to the statement.
Binladen Group, one of the biggest construction firms in Saudi Arabia, handles major projects in the kingdom including the $7.2 billion expansion of King Abdul Aziz International Airport in Jeddah and much of the Grand Mosque. The group was established in 1931, five years after the Kingdom of Saudi Arabia was founded.