Section 15, Terrorism Act, 2012

(1) A person who– (a) converts or transfers property knowing or having reason to believe that the property is derived directly or indirectly from an unlawful activity, with the aim of concealing or disguising the illicit origin of that property, or of aiding any person involved in the commission of the unlawful activity to evade the legal consequences of the unlawful activity; (b) conceals or disguises the true nature, origin, location, disposition, movement or ownership of the property knowing or having reason to believe that the property is derived directly or indirectly from an unlawful activity; (c) acquires, possesses or uses property, knowing or having reason to believe that it is derived directly or indirectly from an unlawful activity; (d) participates in, associates with or conspires to commit, attempts to commit and aids, abets and facilitates the commission of any of the acts referred to in subparagraphs (a), (b) and (c), commits an offence of money laundering. (2) A person engages in money laundering if he– (a) engages directly or indirectly in any transaction which involves property that is the proceeds of crime; or (b) receives, possesses, conceals, disguises, transfers, converts, disposes of, removes from or brings into Sierra Leone any property that is the proceeds of crime, knowing or having reasonable grounds to believe that the property is the proceeds of crime. (3) A person who– (a) organizes or directs others to commit; (b) attempts to commit; (c) conspires to commit; or (d) participates as an accomplice to a person committing, or attempting to commit,an offence under subsection (1), commits the offence. International cooperation and sharing of information. Offence of laundering. 24 25 (4) In determining whether a person has committed the offence of money laundering, knowledge, intent or purpose required as an element of the activities mentioned in subsections (1) and (2) may be inferred from objective factual circumstances. (5) Where it is necessary for the purpose of an offence of money laundering committed by a body corporate, to establish the state of mind of the body corporate, it shall be sufficient to show that a director, officer, employee or agent of the body corporate, acting in the course of employment or agency as the case maybe, had that state of mind. (6) A person convicted of a money laundering offence is liable– (a) in the case of an individual, including a director, employee or agent of a reporting entity to imprisonment for a term of not less than seven years; not less than Le30,000,000.00 or an order for the revocation of the licence of the corporate body or organization.