Latest News
- Public Authority For Industry Completes Industry Law Amendment P...
- Indian Ambassador Hosts Ramadan Celebration In Kuwait
- Al-Mashaan Grants Authority For Transfers Of Municipal Departmen...
- For The Expansion Of The Subiya Site, 204.178 Million Dinars And...
- Ministry Of Education Allocates 60 Million Dinars For Employee R...
- The Public Prosecution Detains Two In A Probe Into The Kuwaiti S...
- Kuwait Announces Key New Appointments In Security Departments
- A Hacking Claim Is Being Investigated By Kuwait Airways
- Jahra Shops Were Issued 5 Citations And 16 Warnings
- A Model Healthy City In Hawalli Governorate
- 13 More Eurofighter Jets To Be Delivered To Kuwait In 18 Months...
- Economic Transformation Urged In Kuwait
Many Jewelry Shops Blacklisted For Money-wash
Several jewelry shops have been blacklisted for money laundering and financing terrorism as inspectors from the Ministry of Commerce and Industry found big quantities of gold in their possession without any bill or data showing the source, reports Al-Rai daily quoting sources.
Sources said the ministry is now preparing to refer these jewelry shops which are located in Farwaniya Governorate, mostly in Jleeb Al-Shuyoukh, to the Anti- Money Laundering and Financing Terrorism Department. The daily did not mention the quantity of gold confiscated from these shops.
Meanwhile, earlier, Assistant Undersecretary for Technical Affairs and Commercial Development in the Ministry of Commerce and Industry Mohammad Al-Anzi has unveiled that the ministry issued warnings to more than 50 jewelry shops in Jleeb Al-Shuyouk, reports Al-Rai daily.
Speaking during the inspection of jewelry shops in the area, Al-Anzi said the violations include lack of scales and price lists, failure to follow sale regulations and selling some jewelry without the ministry’s seal. Al-Anzi advised the consumers to check the ministry’s seal and its validity every time they purchase jewelry, in addition to the price list and invoices.
He affirmed the ministry is always ready to receive complaints from consumers, clarifying that consumers have the right to present the jewelry pieces they purchased for validation at the Department of Precious Metals in Mubarakiya Market.
SOURCE : ARABTIMES
Trending News
-
MoI Urges Biometric Fingerprinting Compliance Ahea...
21 March 2024
-
5 Days Holiday For Eid Al-Fitr Begins On April 9th
25 March 2024
-
Over 120,000 Expat Offenders Will Benefit From Kuw...
14 March 2024
-
Kuwait Offering Amnesty To Illegal Expats
17 March 2024
-
From April 1 To July 1, Kuwait Grants Amnesty To V...
14 March 2024
-
Sponsorship Requirements In Kuwait: Time To Embrac...
13 March 2024
-
Kuwaiti Banks Elevate Non-Resident Credit To 4.17...
18 March 2024
-
Central Bank Of Kuwait Provides Banks With New Ba...
20 March 2024
-
Banks In Kuwait Report Robust Profits Despite The...
21 March 2024
-
Kuwait's Clean Energy Journey: Progress And Challe...
23 March 2024
Comments Post Comment