News of Bahrain
Bahrain15 March 20171 min read

Money laundering case adjourned to May 7

By DT News Network news@dt.bh. Manama : The High Criminal Court yesterday adjourned the money laundering case of three suspects, including a religious figure, to May 7. "The Public Prosecution charged the suspects with committing the crimes of unlicensed fundraising, money laundering and carrying out financial

Editorial Team Legacy

Published 15 March 2017, 8:00 · Updated 22:13

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Money laundering case adjourned to May 7

Manama : The High Criminal Court yesterday adjourned the money laundering case of three suspects, including a religious figure, to May 7.
“The Public Prosecution charged the suspects with committing the crimes of unlicensed fundraising, money laundering and carrying out financial transaction to conceal the source of their illegal funds.
“The charges are within the confines of the laws regarding fundraising for public purposes that requires the fundraisers to obtain prior permission from the competent authority. This is a regulatory issue which does not impact on religious duties in any way,” Deputy Public Prosecutor Ahmed Al Qurashi said.
He also stated that the Prosecution, in its investigation did not find any legal reason that excuses the suspects from being committed to the law on fundraising.

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