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المشهد العربي
Source: المشهد العربي
9 Hrsالمشهد العربي
Source: المشهد العربي
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Kuwait’s pension fund won a lawsuit in London on Thursday against Man Group and other entities. The case accused banks and investment firms of laundering bribes paid to its late director, Fahd al-Rajaan. The case is linked to allegations that al-Rajaan embezzled nearly $1 billion while heading the Public Institution for Social Security from 1984 to 2014. A lawsuit was filed against his heirs in 2019; he was convicted in absentia of corruption and embezzlement of public funds in 2016, and died in London in 2022.
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