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.


Saudi Arabia's Crown Prince meets with US Treasury Secretary Mnuchin

Updated 23 October 2018
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Saudi Arabia's Crown Prince meets with US Treasury Secretary Mnuchin

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman met with US Treasury Secretary Steven Mnuchin on Monday.

The Saudi Crown Prince stressed the importance of Saudi-US strategic partnership and the future role of this partnership in accordance with the vision of the Kingdom 2030.