Cairo: Saudi authorities have arrested five illegal residents involved in collecting and transferring money of unknown origin to outside the kingdom, a security official has said.
The suspects are Yemeni nationals involved in transferring the money through bank accounts of commercial entities owned by three Saudi citizens who had allowed them to use the accounts as a cover-up for their financial transactions, spokesman for the Riyadh police Khalid Al Karidis added.
The suspects aged 40s to 50s, had used three housing units as sites for collecting the money, he added, according to the Saudi news agency SPA.
Police seized in their possession more than SR1 million. “They were arrested and preliminary legal procedures were taken with them. They have been transferred to public prosecution,” the official added.
