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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Saudi Prosecution Confiscates around $1 Bln from Criminal Gang Accused of Money Laundering

A general view of Riyadh, Saudi Arabia. (SPA)

The Saudi Arabian General Prosecution has ordered the confiscation of 4 billion riyals ($1.06 billion) and a 25-year jail term for a criminal gang accused of money laundering.

The gang was comprised of one Saudi citizen and five people with other Arab nationalities.

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