The Real Estate Development Fund, through the Fund's General Administration in Riyadh, will begin this week to receive and respond to legal grievances, in preparation for filing a lawsuit in the Administrative Court in the Makkah region, following the disruption of the payment of the Fund's loans in Taif Governorate, due to an administrative and financial malfunction in the system of deducting Real Estate Development Fund installments from education workers in the province.
A number of sources reported that an administrative and financial malfunction in the system of deducting Real Estate Development Fund installments from education workers in the governorate.
A number of sources have reported that an administrative and financial malfunction in the system of deducting Real Estate Development Fund installments from education workers in Taif Governorate has led to the failure of installments to reach the Fund for five months,
<An informed source indicated that “the issue lies in the failure to reach the Fund's account,” pointing out that this issue is a recurring issue for a number of Taif education workers, indicating that the Fund officials did not provide a solution other than demanding that borrowers pay the defaulted amounts directly in order to be removed from Summa.
