Article 218. Legalization (laundering) of money and (or) other property obtained by criminal means  The Criminal Code of the Republic of Kazakhstan, the Criminal Code of the Republic of Kazakhstan

1 Involvement in the legal circulation of money and (or) other property obtained by criminal means through transactions in the form of conversion or transfer of property representing proceeds from criminal offenses, including any income from property obtained by criminal means, or possession and use of such property, concealment or concealment of its true nature, source, location, method of disposal, movement, rights to property or its accessories, if it is known that such property represents proceeds from criminal offenses, as well as mediation in the legalization of money and (or) other property obtained by criminal means, –

     are punishable by a fine in the amount of up to five thousand monthly calculation indices, or correctional labor in the same amount, or restriction of liberty for up to six years, or imprisonment for the same term, with confiscation of property.

2 The same acts committed:

     1) by a group of persons by prior agreement;

     2) repeatedly;

     3) by a person using his official position, –

     are punishable by a fine in the amount of three thousand to seven thousand monthly calculation indices, or correctional labor in the same amount, or imprisonment for a term of three to seven years, with confiscation of property.

3 The acts provided for in the first or second parts of this Article, committed:

     1) a person authorized to perform public functions, or a person equated to him, or an official, or a person holding a responsible public position, if they involve the use of his official position;

     2) a criminal group;

     3) in large sizes, –

     are punishable by imprisonment for a term of five to ten years with confiscation of property, and in the cases provided for in paragraph 1), with life imprisonment for the right to hold certain positions or engage in certain activities.

     Note. A person who voluntarily declares that money and (or) property obtained by criminal means is about to be legalized or committed, shall be released from criminal liability if his actions do not contain elements of crimes provided for in parts two or three of this article, or any other crime.

President    

Republic of Kazakhstan     

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