Money laundering suspects to stand trial

The Public Prosecution referred 16 suspects accused of money laundering to the High Criminal Court for trial while remanding the main suspects in custody. Chief Prosecutor Hussain Al Zamel said the case would be heard on November 21.

According to a notification by the Financial Investigation Directorate, the Asian suspects received repeated remittances from many people abroad through exchange companies and re-sent them to other people in another country while getting part of those remittances as a tip. Investigation showed that the money had been obtained through cyber fraud crimes committed by the main suspects against many people in different European countries. All the suspects admitted during investigation that they had been used by the main suspect in receiving the remittances and re-sending them while receiving a tip for that in order to distract the attention of the exchange companies staff and avoid legal accountability.

The Public Prosecution charged the suspects with money laundering and remanded them in custody. It also banned them from travelling and referred them to the High Criminal Court for trial.

Source: Fana News