Today, Sunday, the Saudi Public Prosecution issued a preliminary ruling convicting a female citizen and her expatriate husband of a money laundering crime that exceeded 63 million riyals of unknown origin.
According to the Saudi Press Agency, an official source in the Public Prosecution said that investigations proved that a female citizen had extracted a commercial register, opened a bank account, and made them available to her husband of Arab nationality.
He explained that “her husband, in turn, agreed with one of his cousins to use the account of the commercial entity to commit the money laundering crime, in return for a monthly salary of 10,000 riyals.”
He added that investigations revealed the volume of financial flows in the account of the commercial entity, amounting to more than 63 million riyals.
He pointed out that after requesting customs data, it was discovered that there were no imports, and by checking the activity of the commercial entity, it was found that there was no real and actual activity.
Accordingly, the accused were referred to the competent court, and a preliminary ruling was issued against them, including the conviction of what was attributed to them.
The ruling provides for the confiscation of a similar value of the funds transferred abroad, amounting to 63 million and 45 thousand and 550 riyals, the confiscation of funds seized in the accounts of the accused and the commercial entity amounting to 103,322 riyals and 23 halalas, and the imposition of fines of 50 million riyals.
It also stipulated that they be imprisoned for periods of up to 12 years, and a female citizen was banned from traveling for a period similar to her prison term, and the expatriate defendants were expelled after the end of their sentences, and the commercial entity was permanently banned from its commercial activity.
A Saudi woman and her expatriate husband were imprisoned for laundering 63 million riyals of unknown origin
