115 Days
Source:
الشرق الأوسط
Saudi Arabia manages terrorism and money laundering detention facilities
Saudi Arabia has approved a new system for managing seized and confiscated funds, aimed at protecting assets from exploitation and damage, and enhancing transparency and efficiency in handling funds related to money laundering and terrorist financing crimes. The system specifies the designated authorities and procedures for preservation and management, and includes mechanisms for selling damaged or non-viable assets, as well as allocating a percentage of proceeds to cover costs. The goal of the system is to support economic and social development, strengthen confidence in institutions, and uphold principles of justice and integrity.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)