Bahrain has arrested five Cypriot and Jordanian businessmen suspected of trying to conduct a transaction with a fake $50 million bank guarantee, the official Gulf News Agency (GNA) reported Sunday.
“The Bahrain Monetary Agency (BMA), Bahrain’s central bank, received a report on July 19 from an international bank official in Bahrain that five Cypriot and Jordanian businessmen had presented a false $50 million bank guarantee,” the agency said.
“Security officials arrested the five suspects to investigate the case,” it added – Albawaba.com