Ministry confirms 102 cases of money laundering in 2013

Updated 08 April 2015
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Ministry confirms 102 cases of money laundering in 2013

The financial investigation unit at the Ministry of Interior revealed in its annual report for 2013 its total independence to carry out financial investigations and work as a national central apparatus to receive relevant notifications related to suspicious financial operations.
The unit confirmed that it had dealt with 2,379 calls about suspected money laundering, of which 102 cases have been proved. The unit studied and analyzed 118 cases of suspicious financing of terrorism, of which 29 have been proved.
The unit confirmed that 42 judicial rulings in money laundering cases were issued in 2013, with 65 defendants. Rulings related to money laundering included imprisonment, fines, confiscations and deportation from the Kingdom.
The unit indicated that it exchanged information with other agencies according to international specifications or with countries that it has agreements with.


Abdul-Mahdi: Relations between Iraq and GCC ‘must progress’

Updated 31 min 27 sec ago
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Abdul-Mahdi: Relations between Iraq and GCC ‘must progress’

  • Abdul-Mahdi and Al-Zayani discussed the development of relations between Iraq and GCC countries and issues of mutual interest
  • Abdul-Mahdi also attended the Saudi-Iraqi Business Forum, which included representatives from large Saudi companies

RIYADH: Relations between Iraq and the Gulf Cooperation Council are important and “must progress, ” Prime Minister Adel Abdul-Mahdi said on Thursday.
On the second day of his visit to Saudi Arabia, Abdul-Mahdi met with the secretary general of the GCC, Abdullatif bin Rashid Al-Zayani in Riyadh.
Abdul-Mahdi and Al-Zayani discussed the development of relations between Iraq and GCC countries and issues of mutual interest.
“Cooperation and economic relations must progress for the better,” Abdul-Mahdi said.

Saudi Arabia and Iraq have agreed to cooperate in security and intelligence matters, Iraqi Foreign Minister Mohammed Ali Al-Hakim told Al Arabiya television. 
Meanwhile, Abdul-Mahdi also attended the Saudi-Iraqi Business Forum, which included representatives from large Saudi companies.
He also inaugurated an exhibition on Wednesday called “Cities Destroyed by Terrorism” that is showing at the National Museum in Riyadh. The exhibition was organised by the Minister of Culture and the Arab World Institute in Paris.
The Iraqi prime minister arrived in Riyadh on Wednesday for a two-day visit to the Kingdom. He held talks with King Salman on relations between the two countries, and later met with Crown Prince Mohammed bin Salman.


His visit to the Kingdom “symbolizes the Iraqi government's vision in aiming to bolster ties with the Kingdom in all fields,” the Iraqi prime minister said on Facebook.
The two countries signed 13 agreements and memorandums of understanding between their various ministries. The deals covered many areas including energy, education, culture and political consultation.