Tuesday , February 20 2018

Tag Archives: debt

Woman not obligated to pay in joint debt

KUWAIT CITY, Feb 13: The Court of Appeals has canceled the verdict issued by the Court of First Instance which obligated a Kuwaiti woman to pay KD 150,000 to her ex-husband based on a debt declaration letter she had signed. In a lawsuit filed by the ex-husband, he demanded the …

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Govt fails to collect approx $5bn owned by various sectors: report

Ministry of oil tops the list of defaulters KUWAIT CITY, Nov 9: The government has failed to collect approximately 1.5 billion dinars (equivalent to $5 billion), owed to it by various sectors, reports Al-Anba daily citing a government report. The report stated the Ministry of Oil tops the list of …

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6,895 arrested in 2016 – New unit to handle debtors

KUWAIT CITY, Sept 18: Assistant Undersecretary for Correctional Facilities and Sentences Execution Affairs in the Ministry of Interior Major General Khaled Al-Dayeen affirmed that the ministry endeavors to achieve the goals set for correctional facilities in the country, and to serve citizens and expatriates in the best way possible. He …

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KD 80 mn owed to the state yet to be settled – Companies owe 98 pct of the debts

KUWAIT CITY, July 2: Director of Financial Affairs Department at Kuwait Municipality Fawzan Al-Nemran disclosed that about KD 80 million accruable to the State Treasury is yet to be paid, reports Al-Qabas daily. In a letter sent to the Director General for Financial Affairs, Al-Nemran explained that the 2015/2016 fiscal …

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Debt unpaid – Travel ban lifted

KUWAIT CITY, June 27: The Court of Appeals presided by Judge Waleed Al-Mejal cancelled the decision of Execution Department and lifted travel ban imposed on a citizen involved in a financial offense. Lawyer Khawla Al-Hassawi said Execution Department had issued an order preventing her client from traveling against a guarantee …

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Hundreds turn up in false debt ‘write-off’ report on Net

KUWAIT CITY, June 27: Hundreds of people, those wanted by law for failure to pay debts or those against whom arrest warrants have been issued for committing financial frauds rushed to the Sentences Enforcement Department in Sulaibiya after someone posted on the social media rumors that a committee has been …

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Securitymen arrest five for not paying debts worth KD 135,000 – Drunk driver knocks down police offi cer; woman’s bag stolen

KUWAIT CITY, May 14: A Bedoun man, who was wanted by law for non-payment of debt worth KD 32,000, was arrested in Saad Al-Abdullah area during a security campaign, reports Al-Anba daily. In addition, Jahra securitymen also arrested a Syrian expatriate who is wanted for payment of KD 12,000 debt, …

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Aid given to undeserved citizens to be retrieved – Whoever declines to pay back will face legal action

KUWAIT CITY, March 26: Ministry of Social Affairs and Labor reneged on its undertaking to retrieve KD 438,000 in aid given to some 246 individuals who did not deserve social support, reports Al-Rai daily. An informed source said KD 437,794 was added to previous carried over balance of the total …

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Debt for social status has negative impact on society – Is it all worth it?

KUWAIT CITY, Nov 3, (KUNA): Owning a luxurious watch, sporting the most recent footwear, or owning the latest in smartphone accessory might send a message of how well off an individual is; however, when debt comes in the picture, a very rudimentary question comes to mind “is it all worth …

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