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Accidentally transferred 70,000 riyals to another account

 


A Saudi citizen mistakenly transferred 70,000 riyals to an unknown person's account. The person concerned returned 20,000 riyals and expressed ignorance of the remaining amount. According to the lesson website, the person to whose account the money was transferred clarified his position and said that he had transferred 20,000 riyals to his brother. As far as the remaining amount is concerned, they left the account without taking any action without his knowledge.

It is unknown at this time what he will do after leaving the post. It is also not known how the alleged money came into his account and how it came out. The court ordered the account holder to return the remaining Rs 50,000 in the same manner as he has returned Rs 20,000 because the plaintiff Money was transferred to the account by mistake. An appeal was filed in the court against the decision. 

The matter was once again referred to a judicial bench. The appellate court approached the Saudi Arabian Monetary Authority (SAMA) to find out the truth about the remittances. Sama said in her report that the plaintiff's claim that he had transferred 70,000 riyals to the account was correct. Examination of records has revealed that the money was transferred by the account holder to his brother and others through ATM. The executive court has ordered that the remaining 50,000 riyals be returned within five days or else disciplinary action will be taken against the account holder.

Accidentally transferred 70,000 riyals to another account Reviewed by Daily News & Analysis on 6:01 PM Rating: 5

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