Potential tax claim mentioned as a downside risk
This document is page 81 of a Merrill Lynch financial research report titled 'GEMs Paper #26', dated June 30, 2016. It details the valuation and risks associated with Zain KSA (a Saudi telecommunications company), including tax claims and arbitration with Mobily. The page includes an Analyst Certification section listing ten analysts who contributed to the report. The document bears a 'HOUSE_OVERSIGHT_016191' stamp, indicating it was part of a document production to the US House Oversight Committee, likely related to investigations involving financial institutions.
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