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Saudi Arabia’s Public Prosecution refers two residents to court over money laundering charges

A Saudi banker counts new one hundred riyals bearing the portrait of Saudi King Abdullah bin Abdul Aziz al-Saud at a bank in Riyadh, 05 June 2007. (AFP)
A Saudi banker counts new one hundred riyals bearing the portrait of Saudi King Abdullah bin Abdul Aziz al-Saud at a bank in Riyadh, 05 June 2007. (AFP)
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29 Aug 2023 01:08:38 GMT9
29 Aug 2023 01:08:38 GMT9

Arab News

RIYADH: Saudi Arabia’s Public Prosecution has referred two residents to court accused of laundering 2.5 million Saudi riyals ($666,667).  

An official source from the public prosecution revealed that the two individuals had deposited the money into bank accounts belonging to commercial entities without specifying the source of funds, according to Al-Ekhbariya. 

The accused were arrested and referred to the appropriate court.

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