Wed, Dec 2, 2020
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, People more

Former Unicorn CEO sentenced to another five years

Posted on 06 March 2013

Majid Bader Hashem Al-Refai, the former Chief Executive Officer of Unicorn Investment Bank, was found guilty of money laundering and sentenced to an additional five years imprisonment and fined BHD 100,000.
The High Criminal Court of the Kingdom of Bahrain issued its ruling on Monday 4 March 2013, on a money laundering case against Al-Refai. The High Criminal Court issued the ruling in absentia as Al-Refai failed to attend any of the court hearings in relation to this case to date………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
banner
December 2020
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031