Monday, May 21, 2012

Small Defaulters will be Deported From Saudi Arabia


Saudi mulls deportation of expatriate debtors

The new system will cover foreigners who are involved in financial cases not exceeding SR50,000 (Dh49,500), Alwatan Arabic language daily said.
Instead of jailing them, courts will keep those debtors in detention until an agreement is reached with lenders to deport them to their home countries, the paper said, citing what it described as informed sources
"The competent authorities are studying proposals to replace the current imprisonment system with deportation for expatriates involved in financial cases not exceeding SR50,000," it said.

"Deportation will be carried out once an agreement is reached between the authorities and the creditors and the debtors involved are found unable to pay back...the new system will be applicable on those who do not have a police record or have not been involved in serious crimes such as drug dealing, smuggling of weapons or anti-state activity...it will be coupled with the enforcement of the electronic eye stamp system so those offenders will not be able to return to the Kingdom under a new name or passport."

5 comments:

  1. UPGRADE LOANS YOU ARE THE BEST LOAN COMPANY
    Am Sofia Ortiz, I live in a Country/world were loan is very difficult to get especially to us that are not citizen by birth of a country and most especially immigrants and those with low credit score not until i met George Miller of Upgrade Loan.. When i first saw his advert online i thought he was just like the others who are here to pray on the weak like me but when i saw other testimony from different people about Upgrade loan i decided to try my luck and surprisingly what was said about Upgrade Loans was all true and now i got my required loan of 250,000.00 with a low interest rate of 2% and now am so happy and could bounced back to restore my business. So if you want a loan i advice that you give them a try on email Via Upgradeloans@hotmail.com

    ReplyDelete
  2. I truly get pleasure from while I read your blogs and its content. Car Loan - Jubilee Health Insurance

    ReplyDelete
  3. We are able to finance your signatory
    projects and help you enhance your
    business plan. Furthermore, our
    financial instrument can be used for
    the purchase of goods from any
    manufacturer irrespective of their
    location. It can also serve as
    collateral with any bank in the world
    to secure loans for your project or to
    activate credit line to finance your
    business plan. We have {BG}, Standby
    Letter of Credit {SBLC}, Medium Term
    Notes {MTN}, Confirmable Bank Draft
    {CBD} as well as other financial
    instruments issued from AAA Rated bank
    such as HSBC Bank Hong Kong, HSBC Bank
    London, Deutsche Bank AG Frankfurt,
    Barclays Bank , Standard Chartered Bank
    and others on lease at the lowest
    available rates depending on the face
    value of the instrument needed.


    Email : nat.mandate18@gmail.com
    Skype : nat.mandate18@gmail.com


    Regards
    Nat

    ReplyDelete