Monday, July 24, 2023
23 Asian expats on visit visas of Saudi Arabia, arrested on Money Laundering
The Economic Crimes Prosecution has concluded investigating into a criminal organization made up of 23 Asian expats on suspected of money laundering, according to a reliable source in the Public Prosecution of the Kingdom of Saudi Arabia. Join Saudi Expatriates Instagram channel
The accused men, who had come to Saudi Arabia on visit visas, were found to be in possession of more than (4,000,000) "four million riyals" in cash, which they had divided and distributed to each of them as they attempted to board a truck to leave from one of the land ports, in an attempt to hide it from the authorities.
- They were referred to the competent court for what was charged against them, and the 16 accused were punished with imprisonment for a period of (15) years, a fine of (7,000,000) "Seven million riyals" for each of them. Trending : Coverage of 13 cases in Umrah health insurance
- While for the others, the prison terms ranged between 4 to 8 years with different financial fines. They were accused as the charge against them required arrest and evidence of their accusation was presented and a judgement was issued condemning them. Along with deporting them to their home country after completing their jail term, the money taken from them is seized.
- The Public Prosecution highlighted the establishment of a severe criminal protection law for cash currencies, the significance of their legal implications for economic activities, and the fact that any crime committed against them will be subject to strict criminal accountability. Most Viewed : A breath taking view of two flights approaching each other in the skies of Riyadh
