Latest News
- From Tomorrow, Traffic Diversion On Third Ring Road
- Ministry Of Health Refute Rumors On Non-availability Of Antibiot...
- Amir Of Kuwait And Jordan King Renew Commitment To Regional Secu...
- 37 Arrested With Narcotics And Firearms
- Outrage Over Candidate's Arrest
- Six Stores Shut Down In Jahra For Selling Fake Goods
- Peddlers Caught With Drug Pills And Crystal Meth
- PAFN Shuts Down Restaurants And Bakeries Over Violations
- MoI Officer And Lawyer Jailed On Fraud Charges For Bad Cheques
- Thousands Of Bangladeshis Gathered To Pray For Rain
- Kuwait University Symposium Addresses Student Counselors' Role I...
- Kuwait Affirms The Importance Of Group Work In Addressing Common...
Banks Played Role In Informing Suspicious Activities - Kba
Kuwait Banking Association (KBA) says the local banks had played its role in reporting to the Financial Investigation Unit of the Ministry of Finance all suspicious cases of money laundering and terrorist financing that are currently being raised, in the years when those events occurred, reports Al- Anba daily. In a statement it published on its social media account, the association affirmed that the current spotlight on these cases in the Public Prosecution and the judiciary came as a result of the banks’ commitment to the directives of the Central Bank of Kuwait and to the law No. 106/2013 in reporting any suspicions directly to the Financial Investigation Unit.
As speculations intensify about the involvement of local personalities and companies in huge money laundering deals for years, an official source told the daily that local banks have reported to the Financial Investigation Unit of the Ministry Finance about more than 16 bank accounts that have witnessed huge inflation during the past two years.
Â
SOURCE LINK
Trending News
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Gathering For Eid Al-Fitr Prayers: Kuwaiti Citizen...
10 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
-
Kuwait Airways Resumes Flights To Beirut And Oman...
15 April 2024
-
Bay Zero Water Park Kuwait: Summer Season Opens Ei...
11 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
Comments Post Comment