The Jeddah General Court on Sunday ordered the Saudi Arabian Monetary Agency (SAMA) to close the account of a well-known bank in Jeddah for delaying payment of SR100,000 to an employee of the bank. The said bank employee was found guilty of embezzling SR100,000, so a verdict was issued ordering him to return the money. The bank cut the amount from the employee's entitlements twice. The employee moved the court to retrieve the amount due to him and a verdict was issued enforcing return of SR100,000 to the employee. However, the bank continued to delay returning the amount to the employee's account and the Civil Rights Department wrote to the bank's officials in Jeddah, the administration in Makkah Region and the Regional Administration in Riyadh, without receiving any response. The judge considered this as exhausting all ways of contacting the bank's officials, so he issued an order to SAMA to close the bank's account.
