Arab Times, 26 April 2022: Kuwait’s Central Bank has issued a Circular requiring some local banks to disclose records of specific individuals and institutions.
They relate to several accounts belonging to a marine equipment company.
They also relate to financial records of seven citizens going back eight years.
The Central Bank has issued the request following a request from the Public Funds Prosecution and Anti-Money Laundering.
The country’s Public Prosecution must be provided with all of the relevant information about the company accounts and the seven individuals for 1 January 2014 to 1 January 2021.
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