Saudi Woman And Associates Penalized For Commercial Cover-Up In Al-Ahsa: Verdict Details
Category: Saudi Arabia
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In a significant legal development, the Court of Appeal in the Eastern Province has delivered a final verdict against individuals involved in facilitating illegal commercial cover-up activities in Al-Ahsa, including a Saudi woman and her legal representative. Here are the details of the penalties imposed and the actions taken against the offenders.

The court's ruling included the closure and liquidation of the car maintenance facility where the illegal activity took place, as well as the revocation of its commercial register. Additionally, fines were levied on the guilty parties, and the Bangladeshi expatriate involved was deported.

Following the conviction, enforcement measures were initiated by joint inspection teams from the National Program to Combat Commercial Concealment. The investigation revealed that the Bangladeshi resident had misused the facility's commercial registry to engage in unauthorized activities, including managing the facility, overseeing its operations, and transferring illicit funds abroad.

The National Program to Combat Commercial Concealment has established stringent compliance standards for businesses, closely monitored to ensure adherence to market regulations. The Anti-Concealment Law mandates severe penalties, including imprisonment for up to five years, fines of up to SR5 million, and confiscation of illicit earnings upon final judicial rulings against individuals involved in such crimes.

13 May, 2024 0 314
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