Archive

Article length: 183 words

AG calls for release of $500m frozen in Dubai bank

Kuwaiti attorney general Dherar Ali Al-Asousi has written to his counterpart in Dubai, Essam Issa Al-Humaidan, requesting his assistance is releasing $496m that has been frozen in a branch of Noor Bank since November 2017. The money belongs to Kuwaiti investment firm The Port Fund LP, whose executives have been accused in Kuwait of embezzlement.

Go to full article

Credit value: 1

African Energy Gulf States Newsletter