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Kuwait: KIO wealth fund referred to public prosecution


Risk Management
Issue 1179 - 26 Oct 2023 | 3 minute read

Risk Grade B↓2↓

KIO allegations: Finance minister Fahd Al-Jarallah has referred the Kuwait Investment Authority’s London outpost, the Kuwait Investment Office (KIO), to the public prosecutor over a series of alleged offences including the illegal disclosure of confidential information between 2018-22. The move was announced by the Ministry of Finance on 16 October.

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