‘BIG’ CAR COMPANY ABSOLVED IN FRAUD

  • 31/03/2021

Kuwait City : Lacking any concrete evidence supporting money laundering accusations made against the famous car office, the government lifted the provisional measures started against the company. The accusations resulted from the reports filed by the government bodies concerned (the Investigation Unit and the Ministry of Commerce and Industry) suspecting the said company of money laundering in January. The prosecution could not find any evidence regarding the charges, and it was later found that the transactions were purely related to the sale of cars and other purchases.




The Public Prosecution sought documents relating to the investigation from the famous car company and ordered the reexamination of the reports of the government bodies regarding the same. Meanwhile, the legal counsel representing the company pledged support for the investigative efforts and thanked the authorities for their professionalism

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