New money laundering scam surfaces; corona pandemic opens can of worms

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KUWAIT CITY, July 25: It looks like money laundering operations were carried out unabated in what the authorities called ‘total silence’ until the Corona pandemic opened the can of worms and a series of people one after another — many of them well-known personalities — including visa traders, corrupt officials who have betrayed the trust and abused their authority were disclosed, reports Al-Qabas daily.

A source revealed a new money laundering scandal involves three people, one of them a senior official working for the Kuwait Ports Authority is said to have left the country although a travel ban had been slapped on him with the help of his brother who works in the Ministry of Interior. Another charge has been slapped against the trio for escaping and helping the man to escape.

The source said the Prosecution investigated a report sent by the Kuwait Port Authority (KPA) after it discovered during the investigations that 11 million dinars have been embezzled from the KPA account through money laundering. The case has been referred to the criminal court. The Prosecution has demanded a maximum penalty must be imposed on the defendants and compel them to return the amount, in addition to refunding twice the amount in accordance with the public money protection law.

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