| 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
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