A Saudi court has issued a final verdict fining a Saudi citizen and a Bangladeshi expatriate a total of SR45,000 after they were convicted of illegal commercial cover-up, the kingdom’s Ministry of Commerce has reported. The Saudi man was found guilty of illegally assisting the foreign resident in running a business that repaired refrigeration and air-conditioning equipment in Riyadh, in violation of the Kingdom’s laws. The ministry also confirmed that it had seized material evidence showing the citizen had enabled the expatriate to engage in commercial activity through his private establishment, despite the expat not having a foreign investor license. As a result, the expatriate’s financial transactions increased in a manner inconsistent with his role as a sales representative, and the profits from his illegal business were transferred outside Saudi Arabia. The ministry published the court ruling, which includes fines for both defendants, the cancellation of the commercial registration, the revocation of the business license, liquidation of the illegal business, and a ban on the Saudi individual from engaging in any future commercial activity. The court has also ordered the expatriate’s deportation from the Kingdom, with a permanent ban from returning for work. Saudi authorities recently launched an electronic service […]