RIYADH: The Saudi Public Prosecution said Monday that it confiscated four billion Saudi riyals from a money laundering gang and that it would sentence those accused to 25 years in prison, Al-Ekhbariya state television reported. The gang organization conducted huge financial operations and transferred them outside the kingdom, it added. The gang consists of a Saudi citizen and
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RIYADH: The Saudi Public Prosecution said on Sunday that a female citizen and two expatriates convicted of money laundering were fined SR50 million ($13.3 million) and sentenced to 12 years in prison.
The authorities indicated that the citizens were arrested, and initial legal measures were taken against them, and they were referred to the Public Prosecution.