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CBK requests account details of 2 Interior officers and a retired man

KUWAIT CITY, July 9: In a new development of anti-corruption issues, the Central Bank of Kuwait has asked banks, exchange companies and all financial institutions under its control to disclose personal data related to the financial liability of two Interior Ministry officers and a retired military man, reports Al-Rai daily quoting reliable sources.

This comes following reports which have been widely published in the media about the Syrian man who was running a fictitious company and trading in residences and bulk labor and subsequently the officers to turn a blind eye to his activities began to allegedly extorted money from him and then started blackmailing him to milk more money following which the Syrian unable to bear ‘mental torture’ sought the help of the security authorities.

The sources pointed out that the Central Bank has asked all local and foreign banks operating in Kuwait to disclose details of the bank accounts, balances and cash transfers of the three accused as of June 17, 2019 and to inquire about all transfers made by the three defendants abroad.

According to the sources, the request of the Central Bank came at the behest of the Attorney General, according to the investigations conducted by the Capital Prosecution into the incident.

The daily said the Public Prosecution has referred the suspects to the Central Prison and decided to hold them for 21 days pending investigation. Meanwhile, a senior official in the oil sector has resigned after it was discovered that the real estate registered in his name (6 residential plots) are tied to the case of the former director general of the Public Institution for Social Security Fahd Al-Raja’an who has been sentenced to life imprisonment for embezzling public money, reports Al-Qabas daily quoting reliable sources.

The sources said investigations by the Public Prosecution revealed the plots registered in the name of the senior official were owned by Al-Raja’an and that the official had not paid for it, but the real estate was kept in his safe custody.

The plots have been confiscated on the strength of a court verdict which was issued against Al-Raja’an. The court verdict has ordered the confiscation of real estate, companies, shares and movable property registered in the name of Raja’an.

The sources explained the plots were registered in the name of the senior oil official in 2013, much before the issue was looked into by the court. The sources pointed out, the oil official decided to resign immediately to prevent any suspicion of wrong doing.

In the context, a high-level oil source commended the step saying the main purpose was to keep the oil sector away from any suspicions of money laundering and embezzlement.

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