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20 Indians arrested after SR 9 billion hawala scam unearned in Saudi Arabia

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October 14, 2016

Jeddah, Oct 14: Police in Saudi Arabia have busted a major hawala racket and arrested 32 from Jeddah on charges of money laundering.

hawalaAccording to reliable sources, at least 20 among the arrested are Indians and many of them are South Indians.

The accused, arrested in two separate cases, allegedly handled 9 billion Saudi Riyal in illegal money transfers, the police said.

Eight of them were released on bail while the trial of the remaining accused has been proceeding in a court here.

The accused Indians deposited the money in different accounts and transferred them through hawala networks in a year.

Several Saudi businessmen and bank employees who helped them to carry out the illegal transfers were among those arrested, the police said.

It is one of the biggest case under economic offences as per the crime records of Saudi Arabia.

Meanwhile, Saudi police have arrested one more Indian for suspected links with the IS. With this, the number of Indians arrested for terror links has risen to 20.

Comments

Rishab
 - 
Friday, 14 Oct 2016

9 billion saudi riyal! That means almost 20 times more Indian rupees!! I cant imagine. This is greater than any Indian state budget. Are they investing in terrorism?

Salman
 - 
Friday, 14 Oct 2016

expats dig their own graves.

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coastaldigest.com news network
July 4,2020

Davanagere, Jul 4: Referring to allegations made by former Karnataka Chief Minister Siddaramaiah's charge about corruption while purchasing COVID-19 equipment, Health Minister B Sriramulu said the state government is ready for any kind of probe in this regard.

Speaking to media persons here on Saturday, he said the government has maintained accounts for each purchase of equipment related to Covid-19. 

"So, Congress leader's allegations are far from the truth. Siddaramaiah has vast political experience. It is unbecoming of such a leader to make ridiculous allegations. The government is ready to release white paper on purchase of equipment related to Covid-19," he said.

He said Karnataka stands third in the country in collection of throat swabs and examination of people related to Covid-19. The entire country has hailed Karnataka's role in containing Covid-19, Sriramulu he added.

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News Network
April 3,2020

Bengaluru, April 3: One new positive case of COVID-19 was reported in the state on Friday.

The patient is a 75-year-old man from Bagalkot and has been isolated at a designated hospital in Bagalkot, the State government said.

"Till date, 125 COVID-19 cases have been confirmed in the state, this includes three deaths and 11 discharges," it added.

The total number of coronavirus positive cases rose to 2301 in India on Friday, including 156 cured/discharged, 56 deaths and 1 migrated, as per the data provided by the Ministry of Health and Family Welfare.

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News Network
January 24,2020

Mangaluru, Jan 24: Urwa Police have arrested a 27-year-old youth on charges of chain snatching and recovered around 300 grams of stolen gold chains worth Rs 12 lakhs from him, the police said on Friday.

According to the police, the arrested, Vinay Prasad alias Vinod Jogi, a resident of Badaga Ulipady was allegedly involved in more than 10 cases of chain snatching.

The value of the seized gold is estimated at around Rs 12 lakh. The police also confis

Mangaluru, Jan 24: Urwa Police have arrested a 27-year-old youth on charges of chain snatching and recovered around 300 grams of stolen gold chains worth Rs 12 lakhs from him, the police said on Friday.

According to the police, the arrested, Vinay Prasad alias Vinod Jogi, a resident of Badaga Ulipady was allegedly involved in more than 10 cases of chain snatching.

The value of the seized gold is estimated at around Rs 12 lakh. The police also confiscated a bike and an auto-rickshaw found in his possession.

cated a bike and an auto-rickshaw found in his possession.

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