VII. Sanctions
Article 26
Whoever committing a crime of money laundering, as stipulated in Article 2 of the present Law, shall be subject to imprisonment for a period up to ten years and no less than two years, as well as a fine not exceeding five million riyals or both.
Article 27
Whoever committing a crime of money laundering, as stipulated in Article 2 of the Law, shall be subject to imprisonment for a period up to fifteen years and no less than three years, as well as a fine not exceeding seven million riyals or both if the crime accompanied by any of the following :
1- Commits the crime through an organized crime syndicate; 2- Uses violence or weapons 3- Occupied a public office and the crime is connected thereto or if such person abuses his/her powers or influence in committing the crime; 4- Trafficking in human beings. 5- Exploits persons or minors and the like; 6- Commits the crime through a correctional, charitable or educational institution or in a social service facility; or 7- Has a prior conviction in the Kingdom or abroad. Article 28
1. A Saudi national who has served his term of imprisonment due to money laundering crime shall be barred from travelling outside the Kingdom for a period equal to the term of imprisonment served. 2. Non-Saudis shall be deported from the Kingdom upon execution of their penalty with no possibility of return to the Kingdom.. Article 29
The court may reduce the sentence of the convicted person as clarified in Article 30, if perpetrator reports to authorities about the money laundering crime, before they have knowledge, other perpetrators to the crime, and if such reporting leads to arresting the perpetrators or seizing crime instrumentalities or proceeds.
Article 30
Penalties stipulated in Article 26 may be reduced as per the legal decided circumstances to be imprisonment for a period up to seven years and no less than one year, as well as a fine not exceeding three million riyals or both.
if the perpetrator of the offense provides competent authorities with information they would not have otherwise obtained so as to assist them in:
a. preventing the commission of another money laundering offense or limiting the effects of the offense; b. identifying or prosecuting other perpetrators of the offense; c. obtaining evidence; d. depriving a criminal organization of funds over which the defendant has no right or control. Article 31
1- Without prejudice to the criminal liability of a natural person, any legal person that commits a money laundering offense shall be punished by a fine of no more than 50 million riyals and no less than the equivalent of the double of full value of the funds that were the objects of the offense. 2- A legal person may also be prohibited permanently or temporarily from engaging in certain licensed activities, directly or indirectly, or be ordered to close down its offices, permanently or temporarily, that were used in conjunction with the commission of the offense, or an order be made to liquidate the business. Article 32
The verdict may include publishing a summary of the verdict in local gazette issued at convicted premises, and on the criminal cost. In the case of no gazette issued at the convicted premises, it shall be in another gazette at the nearest area to the convicted premises, or published in another proper means, as per the type of crime, significance and its effect. The publication shall occurred after the final court verdict.