Updated on: 22/02/2012

http://www.arabtimesonline.com/NewsDetails/tabid/96/smid/414/ArticleID/179924/reftab/36/t/Yemeni-working-for-insurance-firm-held-in-money-laundering/Default.aspx

KUWAIT CITY, Feb 21: Police have arrested a Yemeni employee of a Kuwaiti insurance company for money laundering, reports Al-Rai daily.

The suspect reportedly transferred funds worth four million dinars illegally over a period of four years. Sources say the company’s accountant discovered the illegal transfers and reported it to the Criminal Investigations Department (CID).

CID officials, in coordination with the management of an unidentified bank, conducted investigations and found out that the money was transferred to the bank account of the Yemeni’s friend.

The friend has reportedly admitted that he received commission on each remittance. Eventually, the fraudster too admitted to the charges.

Robbed at gunpoint: Police are looking for a Syrian expatriate for swindling a Kuwaiti man to the tune of KD 1,000, reports Alam Alyawm daily.

The Kuwaiti, who works at the Public Prosecution, reportedly agreed to buy cell phones and some accessories worth KD 1,000 from the Syrian and they agreed to meet near a bank in Hattin area. The Syrian came with a friend, threatened the Kuwaiti with a revolver and escaped with the money.

Stolen items burnt: Police are looking for thieves who tied up workers at a construction site in Subbiya and escaped with an electrical generator worth KD 20,000, reports Al-Anba daily.

The thieves loaded the loot onto a truck and tried to escape, but the vehicle overturned on the way. They then just set fire to the vehicle, destroying both the vehicle and the generator, and escaped on foot.