publish time

06/03/2023

author name Arab Times
visit count

11885 times read

publish time

06/03/2023

visit count

11885 times read

KUWAIT CITY, March 6:with the aim of combating money laundering operations, the minister has issued a new decision obliging private pharmacies and others subject to the drug control sector to limit the means of payment through “Knet” in case the value exceeds ten dinars.

The decision pointed out that the cash payment will be limited to amounts less than ten dinars, when making any sale. In the event of a breach of the provisions of this decision, the supervisory authority may impose one or more of the measures and penalties stipulated in the relevant laws and decisions.