Saudi Crown prince and Zelenskyy discuss Ukrainian-Russian crisis in phone call    Saudi Arabia rejects Israeli claims over map published by Israeli official accounts    Islamic Arts Biennale 2025 to witness first-ever display of full kiswah of Kaaba outside Makkah city    King Salman and Crown Prince offer condolences to Chinese president over earthquake victims    Saudi Arabia tops in venture capital investment, with SR2.8 billion, in MENA in 2024    GASTAT: Local vegetable production accounts for 80.6% of total supply    Energy minister: New law to build a legislative framework for Saudi energy sector    Saudi Arabia launches "Our Winter is Rural" initiative to promote rural tourism and sustainable development    KSrelief distributes relief aid in Syrian city    Iqama of dependents of expatriates and house workers can extend from outside Saudi Arabia    US accuses RSF of Sudan genocide and sanctions its leader    Oman aims for metro project by 2032, minister says    Trump Jr arrives in Greenland amid father's interest in seizing the island    Rajković shines as Al-Ittihad edge Al-Hilal in dramatic King's Cup quarter-final    Al-Qadsiah secures spot in King's Cup semi-finals with dominant win over Al-Taawoun    Barcelona and Athletic Bilbao arrive in Jeddah ahead of Spanish Super Cup semi-final    Saudi Arabia announces dates and venues for AFC Asian Cup 2027    Golden Globes 2025: France's 'Emilia Pérez' wins big, as 'The Brutalist' nabs major awards    Alabama nursing student wins Miss America 2025    Demi Moore continues comeback with Golden Globe win    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Trial of expat with SR1b bank deposit set
Published in The Saudi Gazette on 10 - 12 - 2015

The Administrative Court here will start on Dec. 20 the trial of a Lebanese expatriate who had amassed more than SR1 billion in his bank account by illegally doing business in the Kingdom.
Five top Saudi government officials, including a ministry undersecretary, will also face trial as the man's accomplices for allegedly helping him to conduct tasattur, the illegal practice by foreigners running businesses registered under the name of Saudis in return for regular payments.
The court will also try a renowned Saudi businessman who owns the commercial registration for the company which is actually owned and managed by the Lebanese.
Al-Hayat newspaper did not name the Lebanese but said in a report on Tuesday that the company had a capital of more than SR500 million and the defendant used to transfer large amounts of money home where he bought a number of houses.
The Bureau of Investigations and Public Prosecution (BIP) has also charged the Saudi businessman and two other Lebanese expatriates with tasattur.
The Lebanese was paid a monthly salary of SR200,000, an annual housing allowance of SR240,000 and other fringe benefits amounting to SR1 million a year.
According to earlier press reports, the monthly salary of the Lebanese was only SR16,000 three years ago. The company has invested in advertising and publicity.
According to court sources, the five top Saudi government officials Riyadh and the Eastern Province extended exceptional facilities to the defendant. The Saudi officials used their influence to ban advertisements on rooftops as a favor to the Lebanese though the system permits such ads.


Clic here to read the story from its source.