Sheikh Fahd Al-Yousef Takes Action Against Financial Crimes

15 February 2024 Crime News

Deputy Prime Minister and Minister of Defense, Sheikh Fahd Al-Yousef, has taken decisive action by referring cases of suspected crimes involving public funds, money laundering, and financial disclosure violations to the Public Prosecutor's office. This proactive move follows the culmination of investigations outlined in a final report presented by a specialized work team, established under Cabinet Resolution No. (2023/830), as reported by Al-Qabas daily.

Highlighting the ministry's commitment to combatting financial malfeasance, the Ministry of Defense emphasized that Sheikh Fahd Al-Yousef's actions are a continuation of the late Sheikh Nasser Sabah Al-Ahmad's initiatives to safeguard public funds from embezzlement.

The overarching objective of this initiative is to reinforce principles of transparency, justice, and impartiality within financial governance while fulfilling obligations to protect public funds. Additionally, the referral of cases aims to fortify the Ministry's financial integrity and shield resources, including those of foreign military offices, from potential exploitation in money laundering schemes.

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