Saudi Gazette report
RIYADH — The Public Prosecution officers have foiled the try of an Asian nationwide to smuggle money, amounting to SR500000, out of the Kingdom. The smuggler was caught with the cash at one of many Saudi airports, in response to an official supply on the Public Prosecution.
The supply acknowledged that the Financial Crimes wing on the Public Prosecution has accomplished investigation into the costs towards the expatriate who was accused of cash laundering. It was revealed within the probe that the expatriate hid the cash in a secret method inside a bag, whereas attempting to go away the Kingdom by one of many airports
The accused was referred to the competent court docket, and proof to show the costs towards him was offered to the court docket, the supply stated whereas emphasizing that the Public Prosecution is agency in conducting prison procedures associated to financial crimes.
“The Public Prosecution is not going to hesitate to demand harder penalties towards anybody who violate the laws and legal guidelines that may have an effect on the nation’s monetary and financial safety,” the supply added.