Three arrested in Saudi Arabia for posing as officials, bribing journalists

The individuals were arrested on Monday by Riyadh police after an investigation. (File/AFP)
Updated 11 September 2018
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Three arrested in Saudi Arabia for posing as officials, bribing journalists

  • The police said that during the inspection, several boxes of cheap perfumes were found, similar to the ones that appeared in the video
  • The individuals were arrested on Monday by Riyadh police after an investigation stemming from the video was shared on social media

RIYADH: Three men have been arrested by Saudi police after appearing in a video purportedly tricking a journalist into believing a gift to her was from state officials.
The individuals were arrested on Monday by Riyadh police after an investigation stemming from the video was shared on social media, the Saudi Press Agency (SPA) reported.
The video by a female Gulf journalist, which has since gone viral, shows her being offered a box of perfumes by a man claiming it to be worth $8 million, with a note indicating that they are from official departments.
The police said that during the inspection, several boxes of cheap perfumes were found, similar to the ones that appeared in the video. They added that the suspects had hoped to exploit this in a bad way for personal reasons.
The suspects have been named as Saudi national Abdullah Saleh Hammad Al-Mutairi; Lebanese national Nazir Nabih Hani; and Indian national Mateen Ahmed.


Financial Sector Conference kicks off Wednesday in Riyadh

Updated 21 min 40 sec ago
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Financial Sector Conference kicks off Wednesday in Riyadh

  • Thousands have signed up for the two-day event including ministers and top policy makers

Thousands of delegates are expected to attend a two-day finance event in Riyadh, which starts on Wednesday under the patronage of King Salman.

The Financial Sector Conference is being held by the Ministry of Finance and Saudi Arabian Monetary Authority (SAMA).

Organizers of the event at the Ritz-Carlton conference hall in Riyadh said informally that some 3,400 attendees had signed up for the two-day showcase of the Kingdom’s financial industry, and that more were registering at an impressive rate.

Delegates include ministers from the finance, economy and strategic ministries, as well as top policymakers from capital markets, investment and insurance industries.

It follows last year’s Future Investment Initiative (FII) and the National Industrial Development and Logistics Program events, held at the same venue.

The event will involve the presence of the Saudi Real Estate Refinance Company (SRC), which is seen as a key to providing more affordable housing in the Kingdom and boosting home  ownership by citizens.

SRC, a subsidiary of Saudi Arabia’s sovereign Public Investment Fund, aims to issue up to SR4 billion ($1.07 billion) of long-term sukuk — or Islamic bonds — this year, its chief executive said on Tuesday.

“Our strategy is clearly to tap the market twice this year,” Fabrice Susini said. “We are really looking at probably issuing something between ... 2 and 4 billion riyals that we may be issuing in two tranches.”