Bahrain: Oil Engineer Gets Four Years For Leaking Data, Money Laundering
An oil engineer has been sentenced to four years in a Bahraini jail for the unauthorized disclosure of confidential information pertaining to a public company. The individual was also found guilty of laundering half-a-million Bahraini dinar.
In addition to the prison term, the court imposed a fine of BD100,000 each on the engineer and the company involved in the money laundering activities. In addition to the prison term, the court imposed a fine of BD100,000 each on the engineer and the company involved in the money laundering activities.
According to court documents, the suspect held a managerial position at a warehouse belonging to a public company in the Kingdom. Exploiting his authority, the individual accessed the warehouse to identify inventory shortages and illicitly traded this information with another company to gain an unfair advantage as a supplier.
Police investigations revealed that the company implicated in these illegal activities was registered under the name of one of the accused’s relatives. Subsequently, the company secured contracts to supply materials to contractors responsible for providing maintenance services to the public company. Armed with insider information, the company was able to better understand the contractors’ needs.
Reports indicate that the engineer began engaging in these practices in 2018 and continued unabated until his exposure in 2022. The Public Prosecution has also charged him with creating maintenance plans with the intention of favouring the company operated by his relatives. According to court files, the man profited approximately BD0.5 million through these illicit practices.
