RIYADH: The Ministry of Interior's Financial Investigations Unit has passed on to the relevant authorities 526 financial cases, some of which concern money laundering and the financing of terrorism, sources have said. The sources told Okaz/Saudi Gazette that the cases had been the result of 1,368 reports received by the unit last year from individuals and public and private organizations. “The Investigations Unit has analyzed the reports and passed some of them on to the relevant bodies,” the sources said. According to the sources, the unit received last year 1,137 reports from private financial organizations, 171 from government bodies, and the remainder from individual persons “The unit has also received 80 requests for financial information from abroad and has in turn made 54 requests to outside the country under the terms of information exchange agreements signed between the Kingdom and a number of countries,” the sources said.
