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بوابة الوسط
AML Oversight of Large Transfers
The Financial Crimes, Money Laundering, and Terrorism Financing Control Department announced that it has detected irregular transfers exceeding 24 million Kuwaiti dinars to a bank account, as part of its efforts to monitor suspicious financial flows. It clarified that investigations revealed the amount involved is disproportionate to the declared activity of the account, and that the funds were deposited and transferred through a network of individuals and entities, which raises suspicions of money laundering. The true beneficiary has been identified and referred to the Public Prosecution for investigation in a case related to a charitable association. The suspect, "A. Y. M.," has been referred for necessary legal proceedings.
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