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Transfer Pricing

The SP/SPL fairness question: is SPL paying Saudi Post fair prices? Your independent evaluation, read end to end, with every number traced to its source.

Now

where things stand
Reading pass complete: both intercompany agreements, six addenda, 27 outside contracts, all seven PwC studies 5 of 8 original audit findings changed on evidence; the NAQEL ownership finding is now critical 721M of group-internal flows sit outside the pricing framework entirely The one blocker: management has never supplied shipment volumes, so no per-unit price can be tested

Road ahead

next, in order
Your word: draft the volumes request to Aasem for your review?awaits you
Your own call on question 16: the 32.3M league sponsorship, cost of serving Saudi Post or SPL brand buildingawaits you
Leftover reading: PwC survey sample size, remaining NAQEL contract scopeshelper
The 2019 parent agreement, never produced to any audit, stays flaggedflagged

Where to continue

what to say to me next
Say: “draft the volumes request”The helper writes the letter to Aasem for your review before anything is sent.
Say: “walk me through the critical finding”The NAQEL ownership story end to end, with page references.
Say: “what changed since I last looked”A short diff of the three pages since your last visit.

History

newest first
Fund-flow map added: MOF to SP to SPL to subs on audited numbers, both bases shown; overheads mechanics answered, no cost-plus exists1 Aug
Economics deep dive: 92.6% ties to the audited note, a 17.46M delivery gap found, questions grew to 231 Aug
All three pages moved onto the site with Keep / Fold / Delete buttons, the desk pilot1 Aug
Reading pass finished; findings scoreboard rewritten on evidence; money map with per-unit prices31 Jul
Project stood up in HQ: 73 email attachments fetched, dedicated helper opened, color standard set31 Jul
Special audit ordered by your committee, EY engaged under the direct-awardApr–May

Doors

everything HQ opens onto