Public Prosecution nods to establishment of independent prosecutions for financial crimes

11/01/2023 Argaam
Logo ofPublic Prosecution

Logo of Public Prosecution

Saudi Attorney General, Member of the Council of Senior Scholars, Saud bin Abdullah Al Mujab, approved the establishment of specialized prosecutions for financial fraud crimes, which investigate this type of crimes. 

 

Attorney General, Member of the Council of Senior Scholars, Saud bin Abdullah Al Mujab, approved the establishment of specialized prosecutions for financial fraud crimes, which investigate this type of crimes.

 

In a statement today, Jan. 11, Al Mujab’s decision determined the judicial specialization of those prosecutions, including investigations into criminal behavior, financial fraud and the related impacts. He aimed to protect the rights of individuals, as well as financial and commercial establishments and entities, linking the penal system between the Public Prosecution and court in a single prosecution to accelerate and regulate the measures of traditional and electronic financial fraud crimes.

 

The move also builds on the Public Prosecution focus on developing its system regarding financial fraud crimes.

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