MC: Arab expatriate resident helps discover a concealment case in a contracting company

19 Apr 2022


The Ministry of Commerce investigated a concealment case that was reported by an Arab expatriate resident. In his report, the resident said there was a suspicion of a concealment case within a contracting company based in the Eastern Province.  

Following the report, the Ministry's monitoring teams immediately visited the company. Preliminary investigations revealed evidence proving that the Saudi owner of the company delegated authority to an expatriate employee working for the company. The parties involved in the concealment case were arraigned before the Ministry to make their statements and the case was transferred over to the Public Prosecutor's Office.

Violators of the Anti-Concealment Law face up to five years in prison and a 5 million SR fine. Illicit funds will be seized once final court judgments have been rendered against the accused. 

Consequential legal penalties include the shutdown of the business, the liquidation of the activity, the revocation of the commercial register, the prohibition from engaging in commercial activity, the payment of Zakat, duties, and taxes, and the deportation of those involved in concealment practices and not permitting them to return to the Kingdom for work.

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Last Modified 24 Apr 2022