2023-08-30 06:48:51
Jeddah – 2 expatriates are facing trial in the case of laundering 2.48 million Rials of black money. According to an official source in the Public Prosecution, two expatriates have been charged with money laundering in an investigation by the Economic Crimes Unit.
Investigation revealed that the two accused were in possession of 24,80,000 Riyals and deposited in the accounts of commercial entities, concealing the nature, source and ownership of the transferred funds.
An investigation into its source revealed that the money was derived from crimes and violations of several laws. The accused would be arrested and a criminal case would be filed in the court along with the evidence of the charges against them.
English Summary: 2 expats face trial over charges of money laundering worth SR 2.48 million
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