Funds
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Head Of A Department In Moh Gets 5 Years Jail For Embezzling Public Funds05 February 2016The criminal Court presided over by Judge Mohammad Jafar sentenced the head of a department in Ministry of Health to five-year imprisonment and dismissal from his position, as he h...Kuwait And 3 Canadian Pension Funds Have Won The Takeover Battle For London City Airport With An Offer Of About 2bn26 February 2016Kuwait and Three Canadian pension funds have won the takeover battle for London City Airport with an offer of about £2bn. SOURCE : KUWAITUPTODATE...Kuwait Funds 51 Million Dollar To Bangladesh05 May 2016Kuwait Fudn for Arabic Development (KFAED) signed a loan agreement with worth 51 million USD with government of Bangladesh as a part of Financing a Major Bridge there. The paira...A Jordanian Man Arrested For Illegally Raising Funds For Charity25 May 2016A Jordanian national has been arrested for illegally raising funds for charity. The 27-year-old man, known only by his initials M.A, conned people of KD50,000. It follows...Expats Have To Pay The Price For Economic Disability19 January 2017Surgery Specialist at Mubarak Hospital Dr Fatima Khaja explained that expatriates are human beings who came to Kuwait to offer services that are needed in the country. They have th...Uk Gulf Scientists Win Dollar 3.4m Funds For Key Research12 March 2017UK and Gulf scientists will be working together on eight cutting edge research projects, thanks to $3.4 million in UK government funding allocated to research projects in areas ran...People Were Arrested For Transfering Funds From Bank Accounts To Partners16 April 2017Three bank officials – two Chinese nationals and a Kuwaiti citizen — were arrested for facilitating transfer of funds from the bank accounts of a company in favor of on...Public Funds Protection Mp Panel To Refer Three Files To Prosecution19 April 2017Member of the Parliamentary Committee for Public Funds Protection MP Khalid Al-Shatti disclosed the committee agreed during its Monday meeting to refer three files to the Public Pr...Sab Warned The Education Ministry Against Continuous Wastage Of Public Funds30 April 2017The State Audit Bureau (SAB) has warned the Education Ministry against continuous wastage of public funds, pointing out thousands of Kuwaiti dinars have been disbursed to employees...Kia Said It Had Incurred Loss Of 312 Million Dinars In Financial Year24 May 2017Kuwait Investment Authority (KIA), one of the world’s biggest sovereign wealth funds, said it had incurred a loss of 312 million dinars ($1.03 billion) in the financial year...Court Acquitted 2 Moe Employees Who Was Accused In Loss Of Funds In Their Offices29 May 2017The Misdemeanor Court of Cassation acquitted two Ministry of Education employees of allegedly causing a huge loss of funds in their offices. The Public Prosecution Department charg...Court Rejected An Appeal Against 10-yr Jail Stays For Man In Terror Case17 October 2017The Misdemeanor Court has rejected an appeal filed by a Kuwaiti man against the decision of the First Instance Court that sentenced him to 10 years in prison with hard labor for al...Gvnt Has Failed To Collect Approximately 1.5 Billion Dinars Owed To It By Various Sectors10 November 2017The government has failed to collect approximately 1.5 billion dinars (equivalent to $5 billion), owed to it by various sectors, reports Al-Anba daily citing a government report....Sab Requested The Moj To Implement Measures To Collect Fines10 November 2017State Audit Bureau (SAB) has requested the Ministry of Justice to implement measures to collect fines imposed through court verdicts, reports Al-Anba daily. It pointed to failur...Judge Ordered The Detention Of Chairman Of Kuwait And Gulf Link Transport Company17 December 2017The Sentences Renewal Judge has ordered the continued detention of the chairman of the Kuwait and Gulf Link Transport Company (KGL Investment) Said Dashti and his Russian deputy Ma...