RIYADH – Attorney General and Chairman of the Public Prosecution Council, Sheikh Saud Al-Muajab, issued a decision on Tuesday to establish specialized units for the investigation of financial fraud.

The Public Prosecution Office stressed its keenness to address financial crimes directly and accurately through this decision due to the danger of the crimes for individuals and society.

It also highlighted the importance of penal governance achieved through the measures taken by allocating an independent unit to deal with and address all such cases of financial fraud, especially those organized and managed by cross-border networks.

It indicated that the units will consist of specialists in financial fraud crimes from members of the Public Prosecution Office, who have received scientific and practical training programs in the field of investigation about such criminal forms and methods, and ways to track perpetrators and funds stolen through fraud.

This step is aimed to achieve the main goals of reducing crime in the Kingdom, as well as judicial participation with the relevant authorities to achieve safety and stability for financial transactions and protect them from all criminal forms, the Public Prosecution Office said. – SG