IndiansinKuwait.com - India Kuwait News and updates

IndiansinKuwait.coom

Kuwait police bust money-laundering ring

KUNA Tuesday, July 14, 2020
Kuwait police bust money-laundering ring

The Ministry of Interior announced Monday dismantling a money-laundering ring, arresting two suspects and seizing valuable assets in a massive operation across the country.

The move came after months of continuous monitoring and tracking of the criminal network and part of the ministry's efforts to counter money-laundering, bribery, illicit gaining and illegal acts that jeopardize public interests, the ministry said in a press statement.

It unveiled that after completing relevant investigations, police forces raided the hideout of the ring's mastermind and main suspect at a chalet in the southern Bnaider area.

Police have also searched four other sites used by the suspect: a house, a farm in the southern Al-Wafra farms area in Al-Ahmadi governorate, and two apartments: one in Kuwait City and the other in Al-Salmiya district in Hawally governorate, it pointed out.

The ministry added that the security forces which raided they sites have confiscated several valuable assets: luxurious and classic cars, motorbikes, expensive watches and jewelry, sums of money in different currencies, and boxes alcoholic drinks.

The relevant bodies have arrested one suspected ring member at Kuwait International Airport prior to his departure from the country, the ministry disclosed.

The ministry stressed that investigations are going on to apprehend all members of the network and once all investigations are completed, the suspects will be put on trial.


  IndiansinKuwait.com is now on WhatsApp Channel    Follow Channel


📣 IndiansinKuwait.com is now on Telegram. Click here to join our channel (@IIK_News) and stay updated with the latest headlines

Read this article online at

Express your comment on this article

Submit your comments...
Disclaimer: The views expressed here are strictly personal and IndiansinKuwait.com does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Community News

 
BSK Family Sports Meet 2024

Billava Sangha Kuwait Family Sports Meet was held on Friday, 19th April 2024 at Fintas Park, Kuwait with Billavas getting to...

Indian Muslim Welfare Association (IMWA) Holds Annual Picnic and Commemorated Dr. Mirza Umair Beg

The Indian Muslim Welfare Association (IMWA) hosted its highly awaited annual picnic at Al Rawda Garden in Kuwait on Friday,...

KCICAI hosts event on “Importance of Healthy Sleep Habits”

The Kuwait Chapter of The Institute of Chartered Accountants of India (KCICAI) recently organized a thought-provoking event ...

IDAK Inaugurates Scientific Activities with Study Club

The Indian Dentists Alliance in Kuwait (IDAK) commenced its scientific endeavors for the term with the first study club ti...

IBPC Honors Academic Excellence at Meritorious Awards Ceremony

The Indian Business and Professional Council (IBPC Kuwait) held its esteemed 'Meritorious Awards' function at the SIMS sch...

go top