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Abu Dhabi: The Saudi Ministry of Commerce has named and shamed two men - one French and the other Lebanese - after they were convicted of business licensing fraud, local media reported.
“The French man was found guilty of enabling the Lebanese resident to run a construction business in Riyadh through a trade licence registered in the name of the French,” according to court records.
The ministry has published a summary of the judicial ruling issued by the Criminal Court in Riyadh, shutting down the firm, liquidating its activities and revoking its license.
The court ruling also cancelled the commercial register of the business, collecting zakat, fees and taxes.
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