Saudi Arabia: the foundation of a money laundering fighting unit

The Saudi Arabian minister of commerce and industry Hashem Bin Abdullah Yamani approved the foundation of an independent administrative unit in the ministry to fight money laundry operations linked to the general administration to fighting trade violations in the ministry.

The Saudi official news agency said that this administration will follow up the implementation of what was stated in the guidance directory for fighting money laundry prepared by the ministry in collaboration with the Arab- Saudi monetary foundation.