Ex-Fencing Federation President gets 4 years prison, 271k dinar fine for money laundering

The Criminal Court, presided over by Counselor Dr. Khaled Al-Omara, has sentenced the former head of the Fencing Federation to four years in prison and imposed a fine of 271,000 dinars.

Additionally, a travel employee involved in the case was sentenced to three years of imprisonment. Both individuals were found guilty of embezzling public funds and engaging in money laundering activities.

The Public Prosecution has charged the first defendant with money laundering, amounting to 1,181,529 dinars. The defendant allegedly obtained these funds, knowing they were the result of criminal activities, including forgery of official documents and fraud. He reportedly received cheques issued by the Union into his own account, while also utilizing two other accounts in good faith to receive additional cheques from the Union. These funds were then converted into cash or transferred via bank transactions to his account. This scheme was designed to conceal and disguise the illegal origins of the money.

Source: Al Rai