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Saudi Arabia Sentences 4 People to 28 Years in Jail for Money Laundering

A Saudi money changer displays Saudi riyal banknotes at a currency exchange shop in Riyadh, Saudi Arabia July 27, 2017. (Reuters)
A Saudi money changer displays Saudi riyal banknotes at a currency exchange shop in Riyadh, Saudi Arabia July 27, 2017. (Reuters)
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Saudi Arabia Sentences 4 People to 28 Years in Jail for Money Laundering

A Saudi money changer displays Saudi riyal banknotes at a currency exchange shop in Riyadh, Saudi Arabia July 27, 2017. (Reuters)
A Saudi money changer displays Saudi riyal banknotes at a currency exchange shop in Riyadh, Saudi Arabia July 27, 2017. (Reuters)

The Riyadh Criminal Court sentenced four people to a total of 28 years in prison and fines of up to 20 million riyals for their involvement in money laundering and business licensing fraud.

According to a senior official in the Saudi Public Prosecution, the Criminal Court also ordered the confiscation of 2 million riyals and two computers, a laptop and money-counting machine, which were found with the accused.

More than 375 million riyals deposited outside the Kingdom for the purpose of money laundering were also seized by the Court.

The investigations found that the group - formed of one Saudi and three expatriates - was guilty of money laundering and business licensing fraud in Riyadh.

The senior official also said that the court ruled to revoke the perpetrators’ commercial registration and license and force them to pay Zakat, taxes, fees and other financial obligations.

The three convicted expats will be deported from the Kingdom after serving their jail terms, according to the Public Prosecution official. They will be barred from returning to the Kingdom.

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Saudi FM Reiterates Kingdom’s Rejection of Displacement of Palestinians

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah speaks at the press conference on Friday. (SPA)
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah speaks at the press conference on Friday. (SPA)
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Saudi FM Reiterates Kingdom’s Rejection of Displacement of Palestinians

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah speaks at the press conference on Friday. (SPA)
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah speaks at the press conference on Friday. (SPA)

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah reiterated on Friday the Kingdom’s rejection of the displacement of Palestinians from their territories.

During a news conference following the "Antalya Ministerial Meeting on the Two-State Solution and Permanent Peace in the Middle East" in Türkiye, he stressed the importance of an immediate return to the ceasefire in Gaza.

The ceasefire must be sustainable, serve as a path to alleviate the suffering of the people of Gaza, and be the beginning of a final solution to the Palestinian cause through the establishment of a Palestinian state, he declared.

"The entry of aid to Gaza cannot be linked to a ceasefire, as this violates the foundations of international law, and preventing aid from reaching the Gaza Strip and using it as a tool of war is also a flagrant violation of all norms and the foundations of international law and is rejected by all," Prince Faisal said.

He called on the international community to exert all pressure to ensure that humanitarian aid reaches civilians in Gaza without interruption and in sufficient quantities.

He expressed the Kingdom's categorical rejection of all forms of displacement of the Palestinian people from their lands, even if it is through voluntary departure, considering that the Palestinians in Gaza are being deprived of most necessities of life.

"If aid is not entering, if the residents of Gaza are deprived of food, drink, and electricity, and if they are threatened every day with military bombardment, then even if one of them is forced to leave, that is not voluntary but a form of coercion. Therefore, it must be clear that any displacement of Palestinians in Gaza under any pretext is categorically rejected," he added.

Prince Faisal stressed that the Arab and Islamic group is committed to a comprehensive peace that guarantees the security of all in the region and guarantees the rights, security, and future of the Palestinian people within the framework of their independent state.