10 years jail for a Kuwaiti and an Egyptian in money-laundering case

KUWAIT CITY, July 1: The Criminal Court, presided over by Judge Fawzan Al-Anjari, issued a brand new ruling within the instances associated to actual property fraud. It sentenced a Kuwaiti citizen and an Egyptian expatriate to 10 12 months imprisonment over prices of cash laundering, fraud, and appropriation of Kuwaiti and Qatari funds for fictitious tasks in Turkey and Germany, in addition to embezzlement of funds price two million and 682,000 Qatari riyals, 615,000 euros and 139,000 Kuwaiti dinars. The Public Prosecution had charged the defendants with cash laundering 17,682,47 Qatari riyals, 139,000 Kuwaiti dinars, 615,000 euros and 24,000 Bahraini dinars, by deliberately possessing and buying these funds fraudulently By Jaber Al-Hamoud Al-Seyassah Staff

The publish 10 years jail for a Kuwaiti and an Egyptian in money-laundering case appeared first on ARAB TIMES – KUWAIT NEWS.

Leave a Reply

Your email address will not be published. Required fields are marked *