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Thursday , February 27 2020

Female bank manager jailed in fraud, money-laundering

KUWAIT CITY, July 22: The Court of Cassation sentenced a female local bank manager to 10 years in prison with KD900,000 fine for obtaining monies of bank clients, money laundering and transfers within accounts of clients without their knowledge.

The Public Prosecution charged the manager with using fraudulent means to manipulate monies of the bank and its clients. An unknown person assisted her in forging official documents from the bank, which she used for the transactions.

By Jaber Al-Hamoud Al-Seyassah Staff

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