Money-laundering Case Adjourned – Ex-MP, Iranians Involved
Category: Crime News
moneylaundering-case-adjourned--exmp-iranians-involved_kuwait

The Criminal Court adjourned to October 31 the money laundering case filed against a former MP and four Iranians who are accused of smuggling and laundering quarter of a billion Kuwaiti dinars obtained through real estate fraud in several projects. The Public Prosecution had charged the defendants with laundering quarter of a billion dinars by intentionally acquiring those funds fraudulently, and depositing some of them in their personal accounts and in the accounts of the accomplices. The accused made several transfers through the former MP’s company to Canada, Australia, Hungary and the United States of America for the purpose of disguising and concealing the illegal source of those funds.

 

 

SOURCE  ARABTIMES

23 Aug, 2021 220
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