Family Influence n Saudi Arabia: Al-Rumayyan Family

Family Influence in Saudi Arabia Al-Rumayyan Family This report examines the case of Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), his brother Osama, and his brother-in-law Mazen Al-Kahmous, Head of the Anti-Corruption Authority. It presents them as a composite model of power concentration, lack of separation between public duty and private interests, and the exploitation of family ties as gateways to sovereign contracts. Through published official statements, these relationships are marketed as competitive advantages used by a local law firm to outpace others in the business sector, constituting a clear violation of fair competition and threatening governance standards in Saudi Arabia by undermining institutional independence. The report evaluates the impact of this overlap on governance, transparency, competitive fairness, and institutional autonomy, referring to Saudi legal texts and international governance standards. 1. Concentratio...