🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

Uber CEO says he was wrong to call Khashoggi killing a 'mistake'

Published 2019-11-11, 11:58 a/m
© Reuters.  Uber CEO says he was wrong to call Khashoggi killing a 'mistake'

RIYADH (Reuters) - Uber's chief executive said on Monday the murder by Saudi Arabia, a major investor in his company, of journalist Jamal Khashoggi last year could not be excused and that he was wrong to have described the killing as a "serious mistake".

Dara Khosrowshahi was backtracking from comments he made in an interview with "Axios on HBO" aired earlier in which he compared the Washington Post columnist's murder by Saudi agents inside the kingdom's Istanbul consulate to a fatality caused by one of his company's self-driving cars.

"It's a serious mistake. We've made mistakes too, with self-driving, and we stopped driving and we're recovering from that mistake," Khosrowshahi said in the interview. "So I think that people make mistakes. It doesn’t mean they can never be forgiven. I think they’ve taken it seriously..."

Khosrowshahi later said on Twitter: "There's no forgiving or forgetting what happened to Jamal Khashoggi & I was wrong to call it a 'mistake.'"

"I said something in the moment I don't believe. Our investors have long known my views here & I'm sorry I wasn’t as clear on Axios."

Khashoggi's killing sparked a global uproar, tarnishing the image of Saudi Crown Prince Mohammed bin Salman.

The CIA and some Western governments have said they believe the crown prince ordered Khashoggi's killing. Prince Mohammed has denied that but said he bore ultimate responsibility as the country's de facto leader.

Asked about the CIA's assessment of the crown prince's involvement, Khosrowshahi said: "I didn't read that part of the CIA report ... but I think from a Saudi perspective, they're just like any other shareholder."

Saudi sovereign wealth fund PIF acquired a 5% stake in Uber in 2016 worth $3.5 billion. Its chairman sits on the board.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.