A 39-year-old Bahraini bank customer service coordinator has been sentenced to five years imprisonment and fined BD105,000 for embezzlement and money laundering. The court also ordered the confiscation of BD35,283 in assets. The defendan
TDT | Manama
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A 39-year-old Bahraini bank customer service coordinator has been sentenced to five years imprisonment and fined BD105,000 for embezzlement and money laundering.
The court also ordered the confiscation of BD35,283 in assets.
The defendant was found guilty of stealing over BD35,000 from client accounts between March 2023 and April 2024 while working at a local bank.
The court heard that the defendant transferred BD35,283 from the accounts of a prominent company and another client to the accounts of his wife and cousin.
The funds were subsequently returned to the defendant’s accounts in tranches. He then used the money for various purchases, payments, and transfers totaling BD15,093.519.
Further transactions included bank transfers of BD9,199.635, cash withdrawals of BD240, and payments of BD761.500
