Company fined RO50,000, assets confiscated over money laundering National

Company fined RO50,000, assets confiscated over money laundering

Muscat: The Sultanate of Oman has reaffirmed its commitment to combating money laundering, following a recent court ruling that imposed stringent penalties on a company convicted of money laundering. In a statement, the Public Prosecution said the Muscat Court of Appeal (Criminal Circle) issued a judgment, convicting the company of a money laundering offence. The […]