Court Acquits Women In Usury, Money-Laundering Accusation

  • 20/12/2020

Kuwait City : As per reports, the Court of Appeals upheld the verdict issued by the Court of First Instance which acquitted a Kuwaiti woman who was accused of usury and money laundering in the amount of KD. The Prosecution charged her with crimes related to money laundering by intentionally possessing and acquiring the aforementioned amount with the knowledge. According to the reports, she had obtained the money illegally through usury by lending the victim with an estimated interest, which was part of the condition for the amount to be deposited in the defendant's bank account.   

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