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Saudi public prosecution confiscates 4 billion riyals from money laundering gang

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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Saudi Arabia Launches Probe into Asir Region Incident

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities ....

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Saudi citizen, two expatriates held in SR63 million money laundering case

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. ....

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