A Workshop on Financial Investigations related to Money Laundering Crimes linked to Corruption

The Anti-Money Laundering Permanent Committee (AMLPC) organized a workshop titled "Financial Investigations related to Money Laundering Crimes linked to Corruption" during the period from 24-28/10/2021 at the headquarters of the Financial Academy in Riyadh.

The workshop, which is part of the second phase of the technical assistance program, was attended by 37 participants representing a number of the concerned authorities, including the Ministry of Interior (the General Directorate of Public Security and the General Directorate for Narcotics Control), the Presidency of State Security (the General Department of Financial Intelligence "SAFIU"), the Oversight and Anti-Corruption Authority (NAZAHA), the Public Prosecution, the Ministry of Commerce, the Zakat, Tax and Customs Authority, the Saudi Central Bank, and the Permanent Committee for Legal Assistance Requests.

The workshop aimed to build and enhance the capabilities of participants from the competent authorities in conducting financial investigations, and particularly, to assist the participants in deriving the necessary indicators and evidence that would assist in the conduct of financial investigations and prosecutions, and to increase international cooperation through formal legal assistance requests.

This training comes within the framework of implementing the National Strategic Objectives and the National Action Plan to combat money laundering and terrorist financing, which included in one of its objectives "Strengthening the training programs held for the concerned authorities through holding workshops in the field of developing methods of investigation and prosecutions in money laundering cases".

18-May-2022