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Saturday, Sep 24, 2022

Saudi public prosecution confiscates 4 billion riyals from money laundering gang

Saudi public prosecution confiscates 4 billion riyals from money laundering gang

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 five Arab expats.
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