Money laundering can get you 10-year jail, OMR50,000 fine in Oman

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October 3, 2017

Institutions or individuals accused of money laundering or financing terrorism could face up to 10 years in prison and pay a fine of OMR50,000, according to the head of Public Prosecution in Al Buraimi.  The Directorate General for Family Development organised an awareness seminar on the fight against money laundering and terrorism financing at the childcare centre in Al Khoud.  The penalties and consequences of money laundering and terrorism financing were discussed by Suleiman Al Marjabi, head of Public Prosecution in Al Buraimi.