The investigative body at the Attorney General’s Office has decided to detain the Chairman of the Board of Directors of Yaqeen Bank, along with his deputy and seven individuals responsible for managing compliance affairs, banking operations, foreign operations, credits, and auditing at the bank.
The Attorney General’s Office explained that the decision to detain the bank officials came after proving their involvement in facilitating illegitimate gains for the owners of 49 companies, amounting to more than $20 million. Additionally, anomalies were discovered in credits totaling $1.2 billion, which were processed in violation of the regulations governing documentary credits issuance.