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Article 4

No: M/20 Date(g): 25/10/2017 | Date(h): 5/2/1439

Effective from 2017-11-04 - Nov 03 2017
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 1-A money laundering offence shall be deemed a separate offence from the predicate offense, and a conviction for the predicate offense shall not be necessary for a conviction for money laundering or to establish that funds are proceeds of crime, whether the crime was perpetrated in the Kingdom or abroad.
 2-Intent, knowledge or purpose required as elements of a money laundering offence may be inferred from objective factual circumstances of the case.