-----------

Tag Archives: debt

Kuwaiti debt defaulters rising – ‘300 warrants daily’

KUWAIT CITY, June 11: The number of Kuwaiti debtors is increasing following the search and arrest warrants issued by the Public Prosecution based on complaints filed by the private companies, reports Al-Anba daily quoting sources. The sources pointed out more than 300 warrants are being issued on a daily basis …

Read More »

Securitymen nab Kuwaiti and an Egyptian for non-payment of KD 6,144 debt

KUWAIT CITY, April 14: Ahmadi securitymen arrested a Kuwaiti citizen, who is wanted by law for nonpayment of KD 5,000, and an Egyptian expatriate, who is wanted for nonpayment of KD 1,144, at a security checkpoint in Ahmadi area, reports Al-Seyassah daily. Meanwhile, a vehicle, whose owner is involved in …

Read More »

Police arrest 6 wanted by law over KD 93,000 debt

KUWAIT CITY, April 11: Police have arrested 6 people who were wanted by law for failing to pay collective debt of over KD 93,000, reports Al-Anba daily. A security source said the suspects were seized at several checkpoints. Giving a breakdown the security sources said three Kuwaitis were seized for …

Read More »

His Highness the Amir orders payment of citizens, expats prisoners’ debts

KUWAIT, Feb 18 (KUNA) — His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah ordered the payment of debts for citizens and expatriates in residing prison, said the Amiri Diwan in a statement Sunday. His Highness the Amir’s generous step came in celebration of Kuwait’s 57th National Day and 27th …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »
Translate »