Nine expatriates arrested in Saudi Arabia for money laundering A Riyadh police spokesman said. The news was reported by the Saudi Press Agency. The transfers were reportedly made using individual business bank accounts registered under the names of Saudi nationals in exchange for a financial Commission, SPA reported.
The money was reportedly transferred through a personal bank account registered in the name of a Saudi national. The detainees included three Syrians and three Egyptian nationals, each of Pakistani, Yemeni, and Turkish nationals. They are between the ages of thirty and fifty. The alleged money transfers were reportedly made using individual business bank accounts registered under the names of Saudi nationals in exchange for a financial commission, Riyadh Police assistant spokesperson, Major Khaled Al Kreidis said.
Authorities seized over 1 million riyals ($266,640) that were in the possession of the group. Upon preliminary questioning, they acknowledged the allegations against them and were referred to public prosecution. In August, a group trying to smuggle 500 million riyals (9,74,17,44,600 rupees) abroad was caught in Saudi Arabia.