http://www.diamondintelligence.com/magazine/magazine.aspx?id=8885

22 August 2010

Kuwait's Criminal Investigation Department (CID) has completed investigations about a former Kuwaiti government minister, whose identity has not been disclosed, a well-known local business personality and a senior Kuwaiti government employee, all allegedly actively involved in money laundering operations and the smuggling of precious stones and diamonds from Africa, reports the Al-Shahed daily.

According to the newspaper, investigations reveal that the trio has been using fake bank accounts to conduct their dealings. The file of evidence compiled against the three reportedly contains an international report and list of foreign bank accounts that highlight their involvement in organized money laundering operations that have contributed liquid money into the Kuwaiti markets.