28-year sentence for Saudis and expats in a $182 million corruption case

28-year sentence for Saudis and expats in a $182 million corruption case
A picture taken on December 16, 2020 shows newly constructed towers in Riyadh, the Saudi Arabian capital and main financial hub. (AFP)
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Updated 15 March 2021

28-year sentence for Saudis and expats in a $182 million corruption case

28-year sentence for Saudis and expats in a $182 million corruption case
  • International treaties and agreements allow countries to trace and confiscate money that has been illegally earned or smuggled outside their borders

JEDDAH: Two Saudi citizens have been sentenced to 28 years in jail and fined up to $3.47 million after an investigation revealed an organized crime gang laundering money overseas.
An official source in the Public Prosecution stated that the Financial Investigation Unit launched an investigation into a man and a woman - both Saudi - who opened commercial records and bank accounts before handing them over to expatriates for a monthly fee.
The duo allowed the expats to invest in their commercial unit, use their bank accounts, deposit money they obtained illegally, and transfer it abroad.
Authorities said that the preliminary ruling of the court included sentencing the gang members to 28 years in prison, a fine of $3.47 million, confiscating funds transferred abroad — which exceeded $182 million — and deporting the foreign nationals after the completion of their prison sentences. The Public Prosecutor said it is preparing to retrieve the smuggled money after the final ruling.

HIGHLIGHT

Authorities said that the preliminary ruling of the court included sentencing the gang members to 28 years in prison, a fine of $3.47 million, confiscating funds transferred abroad — which exceeded $182 million — and deporting the foreign nationals from the country after the completion of their prison sentences. 

International treaties and agreements allow countries to trace and confiscate money that has been illegally earned or smuggled outside their borders.
The process of retrieving smuggled money goes through the international cooperation departments in the Ministry of Interior and the Public Prosecution, in coordination with the Ministry of Foreign Affairs after the final ruling.

 


ThePlace: Tayeb Al-Ism, one of Saudi Arabia’s most stunning natural attractions

ThePlace: Tayeb Al-Ism, one of Saudi Arabia’s most stunning natural attractions
Updated 55 min 21 sec ago

ThePlace: Tayeb Al-Ism, one of Saudi Arabia’s most stunning natural attractions

ThePlace: Tayeb Al-Ism, one of Saudi Arabia’s most stunning natural attractions
  • Small streams run through the stones and groves of palm trees dot the inside of the valley

Tayeb Al-Ism is one of Saudi Arabia’s most stunning natural attractions. Visitors to the valley enjoy one surprise after another. The valley is located on the Gulf of Aqaba, 15 kilometers north of the coastal town of Maqna.

Palm groves and granite massifs surround the valley’s entrance, which is located between two massifs that appear to be split in half.

After leaving their cars, visitors follow a pedestrian bridge that gives hikers the impression that they are about to embark on a magical journey. Small streams run through the stones and groves of palm trees dot the inside of the valley.

Shade and the large number of streams help to regulate the temperature, ensuring conditions in the heart of Tayeb Al-Ism are always pleasant.

Moses is believed to have spent his voluntary exile in Madyan, the ancient name of the Gulf of Aqaba, and reached Tayeb Al-Ism, hence the name “Valley of Moses.”


Eligibility rules, amount of aid revealed for job seekers in Saudi Arabia

Eligibility rules, amount of aid revealed for job seekers in Saudi Arabia
Updated 40 min 27 sec ago

Eligibility rules, amount of aid revealed for job seekers in Saudi Arabia

Eligibility rules, amount of aid revealed for job seekers in Saudi Arabia
  • Under a new system, citizens and residents between ages of 20 and 40 can receive payments for up to 15 months

JEDDAH: The details of a financial aid system for job seekers, which was recently approved by Saudi Arabia’s Council of Ministers, have been revealed.

Payments will be made to eligible claimants for up to 15 months. They will receive SR2,000 ($530) a month for the first four months after a successful claim, SR1,500 a month for the following four months, SR1,000 a month for four months after that, and SR750 a month for the final three months.

To be eligible for the aid, applicants will have to meet a number of conditions. They must be Saudi nationals or permanent residents of the Kingdom, between the ages of 20 and 40, able to work, and seriously and actively looking for a job.

They must not already be employed in the public or private sectors, or receiving a retirement pension, income from social security, or any other allowance. The owners of commercial enterprises are not eligible for the aid, nor are students or trainees at any stage of their education or training.

FASTFACT

Payments will be made to eligible claimants for up to 15 months. They will receive SR2,000 ($530) a month for the first four months after a successful claim, SR1,500 a month for the following four months, SR1,000 a month for four months after that, and SR750 a month for the final three months.

In addition, an applicant will not qualify for aid if his or her wealth exceeds a certain amount, but the exact figure for this was not specified. Applicants must not previously have benefited from the job-search aid system or any other financial allowances paid to job seekers.

The authorities said the new system aims to regulate the system of financial aid for people looking for work and clearly define the rules for eligibility. In addition it is designed to support job seekers, motivate them to enter the labor market, and set out the rights, responsibilities and obligations of the Human Resources Development Fund and those who are looking for work.

Applications to the fund can be submitted online or through authorized representatives. Individuals whose applications are rejected have the right to file an appeal with the relevant authorities.


Who’s Who: Sultan Al-Qahtani, spokesperson of KSA’s Citizen Account Program

Who’s Who: Sultan Al-Qahtani, spokesperson of KSA’s Citizen Account Program
Updated 14 May 2021

Who’s Who: Sultan Al-Qahtani, spokesperson of KSA’s Citizen Account Program

Who’s Who: Sultan Al-Qahtani, spokesperson of KSA’s Citizen Account Program

Sultan Al-Qahtani has been the spokesman and communication general manager of the Citizen Account Program since 2018.

Al-Qahtani, who received a bachelor’s degree in English translation from King Khalid University (KKU) in 2007, is an ambassador of the Charity Orphans Care Foundation (Ekhaa).

His KSA Awla initiative, which he started in 2010, has succeeded in helping thousands of young men and young women find suitable jobs. Moreover, he is a member of the Saudi Media National Association since 2020. 

After graduation from KKU, Al-Qahtani joined King Abdul Aziz and His Companions Foundation for Giftedness and Creativity (Mawhiba), where he worked as a creativity prize administrator for nearly 16 months.

During the same period, he served at the leading mobile service provider, Zain KSA, as a marketing administrator for 10 months and as an application supervisor for five months. He also led Zain’s public relations team for more than a year.

For four months, Al-Qahtani worked for the Saudi Stock Exchange (Tadawul) as a media and public relations officer.

In October 2012, he started a new job with the Saudi mining firm Maaden, where he provided protocol support to the company’s president in regard to his visits, conferences, tours, and social functions. In December 2013 he moved to SAP, a producer of software for the management of business processes, where he managed marketing events and social media activities in Saudi Arabia.

In April 2017, Al-Qahtani joined the General Entertainment Authority, where he was the media relations manager for nearly a year before moving to the Small and Medium Enterprises General Authority (Monsha’at), where he administered its communication department for six months.


Worshippers at Two Holy Mosques thoroughly screened from coronavirus disease

Worshippers at Two Holy Mosques thoroughly screened from coronavirus disease
Updated 15 May 2021

Worshippers at Two Holy Mosques thoroughly screened from coronavirus disease

Worshippers at Two Holy Mosques thoroughly screened from coronavirus disease

MAKKAH: Worshippers deemed resistant to the coronavirus disease (COVID-19) attended the Grand Mosque in Makkah and the Prophet’s Mosque in Madinah to perform Friday prayers.

All those taking part in worship were required to show Tawakkalna app proof of immunity to the virus and follow strict health and safety protocols.

Entry was allowed for people who had received two doses of COVID-19 vaccine, those where 14 days had passed since their first jab, and individuals who had recovered after contracting the virus.

The General Presidency for the Affairs of the Two Holy Mosques has stepped up cleaning operations to 10 sessions a day at the Grand Mosque.


Saudi, Palestinian Authority foreign ministers hold call

Saudi, Palestinian Authority foreign ministers hold call
Updated 14 May 2021

Saudi, Palestinian Authority foreign ministers hold call

Saudi, Palestinian Authority foreign ministers hold call
  • Prince Faisal bin Farhan affirmed the Kingdom's condemnation of illegal practices carried out by Israeli authorities

RIYADH: Saudi Arabia’s foreign minister spoke to the Palestinian Authority’s Ministry of Foreign Affairs and Expatriates Riyad Al-Maliki on the phone on Friday.

During the call, Prince Faisal bin Farhan affirmed the Kingdom's condemnation of illegal practices carried out by Israeli authorities, and the need to immediately stop the country's escalatory actions that violate all international norms and conventions.

Prince Faisal called for the completion of efforts aimed at finding a just and comprehensive solution to the Palestinian issue which would enable the Palestinian people to establish an independent Palestinian state on the 1967 borders, with East Jerusalem as its capital, and in accordance with international legitimacy decisions and the Arab Peace Initiative.

Meanwhile, Jordan’s foreign minister said he had discussed with Prince Faisal targeted efforts to “stop the Israeli aggression on Gaza and the attacks in Jerusalem and the rest of the Palestinian territories,” as a means of ending the current escalation.

“Occupation is the basis of the conflict, and launching an effective political movement to end it is a priority that we are working on with our brothers and partners,” Ayman Safadi tweeted.

Safadi also spoke to his Omani and Egyptian counterparts regarding the escalation in “occupied Palestinian Territories.”

Prince Faisal also received a phone call from Pakistan’s Foreign Minister Shah Mahmood Qureshi during which the two ministers discussed the situation in the occupied Palestinian territories.

The foreign minister also discussed the conflict between Gaza and Israel with his Sudanese counterpart Mariam Al-Sadiq Al-Mahdi.