Saudi Arabian Monetary Authority quashes rumors of bank account freezes

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Updated 07 July 2020

Saudi Arabian Monetary Authority quashes rumors of bank account freezes

  • Saudi lawyer Bayan Zahran said spreading rumors such as these on social media is a punishable crime subject to anti-cyber crime law penalties

RIYADH: The Saudi Arabian Monetary Authority (SAMA) on Monday quashed rumors it would freeze bank accounts of expatriate workers whose incomes did not match the standard wage of their professions.
The authority used its Twitter account to debunk the reports circulating on social media and denied they had any basis.
It said banks in the Kingdom follow regulations regarding accounts of all customers and take measures only in accordance with the appropriate laws and instructions. Saudi lawyer Bayan Zahran said spreading rumors such as these on social media is a punishable crime subject to anti-cyber crime law penalties, which range from imprisonment to fines, depending on the extent of the damage.
She urged people to avoid spreading rumors to prevent the legal repercussions.


Saudi Arabia announces 37 more deaths from COVID-19

Updated 3 min 48 sec ago

Saudi Arabia announces 37 more deaths from COVID-19

  • The total number of recoveries in the Kingdom has increased to 252,039
  • A total of 3,167 people have succumbed to the virus in the Kingdom so far

LONDON: Saudi Arabia announced 37 more deaths from COVID-19 and 1,428 new cases of the disease on Sunday.
Of the new cases, 125 were recorded in Makkah, 106 in the capital Riyadh, 68 in Hufof, 59 in Jazan and 57 in Jeddah.
The total number of recoveries in the Kingdom increased to 252,039 after 1,599 more patients recovered from the virus.
A total of 3,167 people have succumbed to the virus in the Kingdom so far.