Section

SECTION 14: Liability of directors and employees of financial institutions and designated non-financial business and profession

Part of
Money Laundering (Prevention and Prohibition) Act 2022

Where funds are blocked under section 7 (8) of this Act and there is evidence of conspiracy with the owner of the funds, the financial institution or the designated non-financial business and profession involved shall not be relieved of liability under this Act and criminal…

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