An authorized source in the Saudi Public Prosecution revealed that the public criminal lawsuit filed by the Public Prosecutor against the accused in crimes of "money laundering and commercial concealment" before the Ninth

Criminal Court in Riyadh resulted in the issuance of judicial rulings against them proving their guilt of money laundering and commercial concealment.

The gang members were sentenced to various prison terms, totaling 28 years, and fines of 20 million riyals.

provisions included the confiscation of seized amounts of money exceeding two million riyals, two desktop and laptop computers, and a money-counting machine,
in addition to the confiscation of other sums of money deposited in bank accounts exceeding 714 thousand riyals, with the recovery and confiscation of the funds transferred  outside the Kingdom from the account of the institution used in money laundering. Exceeding 375 million riyals.

The source explained that the provisions stipulated the cancellation of the commercial register related to the activity subject of the violation and the cancellation of the license, and obligating the perpetrators to collect zakat, taxes, fees and any other obligations.

He pointed out that the Public Prosecution investigations proved the crime of money laundering and commercial cover-up in the city of Riyadh, by forming a gang consisting of 4 people of Saudi and foreign nationalities, which ended with the issuance of penalties against them in the case, namely: a citizen and 3 expatriates of foreign deported from the country Immediately after the end of the prison sentence issued against them, and preventing them from entering the Kingdom again.

The source stressed that the Public Prosecution follows up and monitors everything that might disrupt financial or economic security, and demands the most severe penalties against the perpetrators in light of the criminal protection established by law.