Posted by : Aahil Shaik Saturday, September 5, 2020
9 Expatriates arrested in Saudi Arabia for Illegally Transferring Money Abroad
Saudi Arabia has arrested 9 expats for illegally transferring money out of the Kingdom, reports Saudi Press Agency (SPA) citing a Riyadh police spokesperson.
According to the report, The money transfers were done using individual business bank accounts registered under the names of Saudi citizens in exchange for financial commission, reports SPA.
- From the 9 arrested Expatriates, 3 are Syrians, 3 Egyptians, 1 Yemeni, 1 Pakistani and one Turkish citizen, All are aged between 30s and 50s. Trending : Bahrain allows residents of GCC states, e-Visa holders to enter into its Kingdom
- Saudi authorities seized more than 1 million Saudi Riyals ($266,640) that were in the possession of the group, Upon preliminary questioning, they acknowledged the allegations against them and were referred to the Public Prosecution in Saudi Arabia. Most Viewed : Saudi Arabia limits Expats Health sector workers service to 10 years
- Last month also, Saudi police arrested a group of illegally transferring money to abroad, which was around 500 million riyals.