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Public Prosecution reveals the Effective and Jail time period for tearing up Saudi Foreign money


































Public Prosecution reveals the Effective and Jail time period for tearing up Saudi Foreign money













Posted by : Aahil Shaik
Wednesday, November 17, 2021

Public Prosecution reveals the Effective and Jail time period for tearing up Saudi Foreign money

The Public Prosecution in Saudi Arabia issued an announcement and warned in opposition to manipulating the legally circulated forex of the Kingdom and revealed its superb and imprisonment. Join Saudi Expatriates Whatsapp group

The Public Prosecution in its assertion stated, “Anybody who intentionally, with dangerous intent, adjustments the options of the authorized cash circulating contained in the Kingdom of Saudi Arabia, after distorting it, tearing it or washing it, by chemical means, or lowering its weight or measurement or partially destroying it by any means is a violation. Related : Money laundering is punishable in Saudi Arabia, know its fine and imprisonment

– This violation will likely be punished by imprisonment for a interval of no more than 5 years and never lower than 3 years (3 to five years), and a superb of three,000 to 10,000 riyals, or one of many two penalties.”

– The Prosecution identified that the phrase ‘cash’ talked about within the penal system for counterfeiting cash means metallic cash of every kind, no matter the kind of steel minted, in addition to paper cash circulated legally inside or outdoors the Kingdom of Saudi Arabia. See Additionally : Fine and Jail term for handling unregistered medicines in Saudi Arabia

Public Prosecution reveals the Fine and Jail term for tearing up Saudi Currency - Saudi-Expatriates.com

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