Bahrain investigates money laundering, illegal fundraising

Crimes linked to two Islamic associations and a library, says Public Prosecution
Bahrain investigates money laundering, illegal fundraising
By Staff writer
Wed 15 Jun 2016 01:43 PM

Bahrain’s Public Prosecution is investigating money laundering and illegal fundraising linked to officials from Al-Risala Islamic Society, the Islamic Enlightenment Society (Al-Taweya) and Dar Al Yaqeen Library.

The move was made following a claim by Financial Intelligence Directorate that the suspects had collected money in the country and abroad using illegal measures, the Public Prosecution told Bahrain News Agency.

It ordered the release of the suspects’ banking accounts and financial transactions to find sources of the funds. It then found that the officials spent their funds in illegal means, according to the report.

Any deposits made into the officials’ bank accounts will be reserved as per orders by the Public Prosecution.

Authorities were to investigate headquarters of the associations and library before confiscating all records linked to the fundraising.

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