A former chief executive of Saudi real estate giant Roshn is suing the PIF-backed company for more than $100m, according to a Financial Times report. David Grover, who left Roshn in April of this year, claims he is owed more than $100m in unpaid bonuses said the FT report. Grover was appointed as the Group CEO of Roshn in 2020 and helped oversee the firm’s massive real estate development plans in the kingdom. Throughout his tenure, Roshn focused on increasing homeownership rates, improving living standards in Saudi Arabia, and reinventing the communities of the future. Former Roshn boss ‘suing Saudi real estate developer’ However, according to the FT report, he claims his employment was terminated unfairly when he was due bonuses and other payments. No reason was given for Grover’s departure from the PIF-backed real estate giant in April, but reports now claim he was dismissed over “an alleged conflict of interest” over rental properties in France. Roshn is backed by the Public Investment Fund and is one pillar of Saudi Arabia’s ambitious Vision 2030 plan, which aims to transform the kingdom’s economy and prepare it for a post-hydrocarbon future. Prior to his role at the Saudi firm, Grover served as the Board […]