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UAE Public Prosecution Warns of Penalties for Illegal Money Transfers

The UAE Public Prosecution has warned residents regarding the heavy fine and penalties associated with transferring money for the purpose of drug trafficking.

UAE Money Transfers, Illegal Money Transfers, Drug Trafficking
UAE Public Prosecution Warns of Penalties for Illegal Money Transfers

In a post on social media, the public prosecution emphasized that individuals engaging in the deposit or transfer of funds for drug trafficking could face severe penalties, including a fine of up to Dh 50,000 or imprisonment.

This penalty is applicable to those involved in depositing or transferring money, either directly or through intermediaries, as well as individuals receiving funds connected to the use or personal possession of drugs.

These measures are outlined in Article 64/1 of Federal Decree-Law No. 30 of 2021, specifically addressing the combatting of narcotic drugs and psychotropic substances.

The public prosecution’s communication serves as a crucial reminder of the legal repercussions associated with financial involvement in drug-related activities.

Read more: Saudi Arabia Imposes Heavy Fine for Leaving Children Unattended in Vehicles.

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Ali Gulrez

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