Three Saudis Sentenced To Jail For Money Laundering
Category: Crime News

Following their deportation, two men and a woman were each sentenced to five years in jail for attempting to smuggle 1.3 million Saudi riyals out of the country.

According to the Public Prosecution, its Economic Crimes Prosecution unit had earlier charged the three convicts with forming a gang for nefarious purposes. On charges of money laundering, it referred them to the competent court. All three individuals, of African nationality, tried to smuggle 1.3 million riyals abroad by hiding them in secret stashes inside the woman's bag, the court ruled.

She was arrested while trying to leave King Abdulaziz International Airport in Jeddah with cash money. Investigations revealed the seized amounts were the result of financial crimes and regulations violations

After serving their sentences, the convicts will be deported from Saudi Arabia.

In its objection to the verdict, the Public Prosecution demanded a stiffer penalty against the convicts.

It warned travelers not to be exploited and not to transfer any amounts or financial values without legal authorization.

The prosecution continues to protect the Saudi economy and its domestic product, warning that anyone who harms the financial security or the economy of the country will be prosecuted.

02 Aug, 2022 0 494
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