Article (23) Preventive and Precautionary Measures
1. The Chairman of the Authority or his delegate, when exercising his powers in accordance with the provisions of this Law by Decree, may request the Public Prosecution, if necessary, to take the following Preventive and Precautionary Measures:
A. Seize the funds of anyone against whom there is sufficient evidence of suspicion of committing a criminal offence as a result of any violation of financial and administrative corruption, or who is in possession of the money resulting from that, and prohibiting the disposal of these funds, until the administrative investigation procedures are completed and the case is decided.
B. Seize the funds of assets, branches and spouses of a person against whom there is sufficient evidence of suspicion of having committed a criminal offence as a result of financial and administrative corruption, and prohibiting the disposal of these funds if there is justification for doing so.
C. Prevent anyone suspected of committing a financial and administrative corruption violation, his ascendants, descendants, and his spouse from travelling for a period not exceeding three months, provided that the matter is presented to the competent court within eight working days from the date of the ban decision, and that the court decides on it within a period not exceeding five working days. From the date it is presented to it, the court may renew the ban for another period or periods if necessary in accordance with the applicable rules.
The Public Prosecution may take whatever action it deems appropriate in this regard.
2. The Chairman of the Authority may temporarily suspend the employee or assignee of the Regulated Entity from work for the benefit of the administrative investigation for a period not exceeding six months, renewable for a period not exceeding another six months, and take whatever other preventive measures he deems appropriate, which include closing the employee office or preventing him from entering the headquarters. The Concerned Regulated Entity, or the use of electronic and information services, or other services, assigned to him by the Regulated Entity or any other entity, or the suspension of his representative memberships in boards of directors and committees, or any other measures.