Saudi Woman Punished In Riyadh For Violating Business Cover up
Category: General

The Criminal Court in Riyadh sentenced a Saudi woman for violating the law against commercial cover up by enabling two Arab expatriates to conduct contracting business in her name, according to a statement of the Ministry of Commerce and Investment.

The woman has been fined SR75,000 and her accomplices will be deported from the country with no permission to return for work in the Kingdom. The activities of their establishment have been stopped and their commercial registration cancelled. The penal measures against the violators should be published in the local media at the expense of the offenders.

The establishment was registered in the woman’s name and she permitted the two men to operate it with the condition that she gets 70 percent of the profit, the two Arab expatriates 30 percent. It was also found that one of the expatriates deposited SR7 million in a bank account during the year, Okaz reported.

 

SOURCE : ALBILAD

28 Mar, 2018 0 883
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