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Courts open 3 money laundering cases

This post has been read 9738 times!

KUWAIT CITY, March 21: The Court of First Instance and the Court of Appeals examined three of the largest money laundering cases related to real estate fraud, two of which were combined, filed against a former MP, some businessmen and expatriates. The Criminal Court decided to adjourn the session to June 12 in the first case filed against the former MP who was accused of real estate fraud through a subsidiary company along with a businessman and four others who are accused of committing money laundering for an amount of KD 188 million and 25 million Qatari riyals.

The court had adjourned the case in order to hear the testimonies of the witnesses, as about 1,500 people were affected by the crime. During a recent court session, Lawyer Ahmad Fathi Sorour – “the former Speaker of the Egyptian People’s Assembly” – attended on behalf of the former MP. He verbally pleaded before the court and highlighted the unconstitutionality of the texts of the money laundering law and the procedures followed in the trial.

As for the second case, the former MP is accused of laundering money with the help of four Iranians, and smuggling quarter of a billion Kuwaiti dinars which were obtained through real estate fraud. The court decided to include it with the first case by association. In addition, the Court of Appeal adjourned to the session of May 22 the second largest “real estate fraud” case filed against an Iraqi citizen and expatriate who are accused of laundering money worth KD 64 million. The hearing was adjourned in order to receive the experts’ report. By Jaber Al-Hamoud Al-Seyassah Staff

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