Oman’s Public Prosecution Publishes Names Of Convicted For Money Laundering

Muscat: The Muscat Court of Appeal (Criminal Department) issued a ruling convicting each of the accused On Tuesday, June 28, 2022 :

1- Shabib bin Muhammad bin Saleh, for committing a money laundering felony, and sentenced him to imprisonment for (10) ten years, a fine of OMR 50,000, and a misdemeanor of theft and sentenced to imprisonment for (3) three years, a fine of (300) three hundred Omani riyals, and a misdemeanor of forgery of customary documents. He was imprisoned for two (2) years.

2- Ammar bin Abdullah bin Shaaban, for committing a money laundering felony, and sentenced him to ten (10) years in prison, and a fine of fifty OMR 50,000,.

3- Salem bin Muhammad bin Hammoud and Omar bin Humaid bin Musabah for committing a money-laundering felony, and sentenced them to (5) five years in prison, a fine of OMR 50,000, and the misdemeanor of using a counterfeiter with knowledge of his order, and imprisoned them for (1) year.

4- Saeed bin Sultan bin Muhammad, for having committed a money laundering felony, and sentenced him to one year in prison, and a fine of OMR 50,000.

5- Ahmed bin Darwish bin Mubarak. And Rashida bint Hashel bin Salem, for committing a money laundering felony, and sentenced them to three (3) years imprisonment, and a fine of OMR 50,000

6- Asim bin Muhammad bin Khalfan. For committing a money laundering felony, it sentenced him to imprisonment for (3) three years, a fine of 50,000, a misdemeanor of using a forger with knowledge of his order, and imprisonment for (1) one year.

Provided that the penalties imposed against all defendants are combined, and the confiscation of the funds subject of the crime, the seized amounts, jewelry, vehicles, land and real estate, with depriving them of assuming public office, and I ordered the publication of the verdict.

The facts of the case conclude that on December 20, 2020, Oman Arab Bank submitted a report to the Economic Crimes Control Department of the Royal Oman Police, stating that the bank had been subjected to a process of embezzlement by forgery, and the investigations revealed that the first convict – who works as a financial commissioner at Oman Arab Bank – stole (73) checks supplemented with forged signatures of the victim’s employees, totaling five million nine hundred and eighty thousand and ninety-seven riyals. The third, fifth, sixth, seventh and eighth convicts paid the forged checks, and the money was transferred through the bank accounts of the second and fourth convicts, which enabled the convicts to obtain Large sums, after they deliberately concealed and camouflaged the nature and source of illegal funds and proceeds by circulating and transferring them to their personal bank accounts and the accounts of their companies, and to other people, buying real estate and vehicles, paying personal loans, and concealing part of those amounts.