RIYADH, 6 July 2005 — A woman has filed a lawsuit at the Riyadh governorate office against two local bank employees for using her name and official document without her knowing. The two employees used her name and government papers to participate in buying stocks. The governorate office transferred the case to Riyadh police for further investigation, Al-Hayat newspaper reported.
Muna Ibraheem filed the lawsuit against her neighbor, who works in a local bank, for using her name and her ID. She said he used his position in the stock department in the bank to buy stocks. He used her family card and the cards of her 12 children to buy stocks and open investment portfolios without her knowledge. She said when she discovered the fraud, she hired a local representative at the court to prosecute her case against the man. She accused him of taking advantage of her situation since she is divorced.
“I never gave him my family card,” Munah said. “When my son fell from the second floor and he gave us a lift to the hospital, he asked for my family card to complete the admission procedure. I think it was then that he copied my family card.”
The legal representative for the woman told Al-Hayat that the defense case for the two bank employees is very weak. He accused them of misusing Munah’s legal documentation. “The two bank employees offered me SR2,000 to withdraw the case,” he said. “I refused because it is against the nature of my job.”
He said the two employees had made a lot of profit by using her name. They participated in the Albilad stock issue and SADAFCO IPO. “They used his experience in buying stocks and managing portfolios to misuse his power and misuse the name of the poor woman.”
