The UAE Public Prosecution (PP) has said that the penalty for the transfer, possession, use or acquisition of illegitimate funds using an information network shall incur an imprisonment for a duration of not more than ten years and a penalty of not less than AED 100,000 and up to AED 5 million:
The UAE PP cited Article 30 of the Federal Decree Law No.34 of 2021, for Combating E-Crimes and Rumors for the punishment.
Among the offenses listed are: transfer, transport, or deposit of illegitimate funds in “order to conceal or disguise the illegitimate source thereof” and earning, acquisition, or use of illegitimate funds.
The UAE PP clarified through a post published on Wednesday on its social media accounts the nationalities as part of the campaign to promote legal culture among members of the community .
The Abu Dhabi Judicial Department also recently organised two lectures on “Cybercrime and its risks to society” to check crimes through the widespread use of social media.
