KUWAIT CITY, Oct 5: According to informed sources, one of the commercial banks in Kuwait recently obtained a first-degree court order to imprison 16 of its clients at once for periods ranging from three to seven years after investigations carried out by the bank officials revealed the suspicion of its audit committees in the validity of their files, and that they had obtained loans based on false employment data, reports Al-Rai daily.
The sources said, “Among these 16 clients are citizens and residents who work in government and private agencies. The forged papers include salary certificates, work continuity, and others that later turned out to be obtained from fake companies. The volume of loans filed in connection with the forgery case ranges from KD 7 to KD 25,000 for each client. The names of the 16 clients will be listed on the network of the credit information company (C-net) to bar them from any new financing, until a final ruling is issued in their regard.”