Three Yemenis and an Egyptian have been arrested on charges of money laundering in Riyadh. A spokesman for Riyadh Police Col. Fawaz Al-Mayman said the security agencies were monitoring suspicious financial transactions made by the expatriates. The Crime Investigation Department of the Riyadh Police identified the four men as the culprits. Three of the accused illegally brought in foreign currency, while the fourth deposited it in bank accounts held by a construction company for which he worked as an accountant. He then withdrew the amount in Saudi currency. The four men confessed to their crime. They will be prosecuted under anti-money laundering laws which carry a maximum jail term of 15 years and a fine of up to SR 7 million
