SR200,000 Fine for Saudi and Egyptian in Cover-Up Case
The Dammam Criminal Court has imposed a SR200,000 fine on a Saudi citizen and an Egyptian resident for their involvement in a cover-up (tasattur) case related to a water desalination business in the Qatif governorate.
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Court Rulings
The penalties include:
- Cancellation of commercial registration and license.
- Liquidation of the establishment’s activities.
- Collection of zakat, fees, and taxes.
- Prohibition from engaging in the commercial activity.
- Deportation of the Egyptian national with a ban on re-entry to Saudi Arabia.
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Following the verdict, the Ministry of Commerce publicized the names of the convicts in local media at their expense. The Saudi citizen was found guilty of concealing the Egyptian’s illegal activities and received 40% of the profits from water distribution tankers, allowing the resident to operate without a foreign investment license.
Legal Context
Under the Anti-Cover-Up Law, penalties can include up to five years in prison, fines of up to SR5 million, and the seizure of illicit funds for those involved in illegal commercial activities.
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