3 denied bail in real-estate fraud – Embezzlers in police custody

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KUWAIT CITY, Aug 28: The Criminal Court denied bail to a Kuwaiti and two expatriates, who were accused of real-estate fraud, and extended their detention as well as adjourned the hearing of their case until  September 25.

The Public Prosecution had charged the citizen (employer), his wife and three expatriates of embezzling KD 40 million from 170 citizens, as well as laundering KD 72 million.

Representing the victims was Lawyer Ali Al-Attar, who based his case on the fact that the company owned by the citizen sold buildings in the United State of America, some of which were only on paper while others were not fit for residential purposes.

Meanwhile, the Public Prosecution has remanded to police custody for 21 days a senior Kuwaiti police officer and six Egyptian accountants, reports Al-Rai daily. The men who are charged with embezzling one million dinars from the Police Cooperative Society will be held at the Central Prison.

An external audit office confirmed the embezzlement and the 6 accountants have confessed to transferring KD 500,000 to the personal bank account of the senior officer in return for allowances over a year ranging from KD 500 to KD 1,000.

They also admitted to forging bills of commodity suppliers.

By Jaber Al-Hamoud – Al-Seyassah Staff

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