Kuwait economy able to fight money laundering
Director of Kuwait’s Money Laundering Department at the Ministry of Commerce and Industry Sheikh Nemir Fahad Al-Sabah said that the economy of Kuwait is secured against money laundering and has all the necessary tools to this crime.
When addressing a ceremony in honor of working committees of the Anti-Money Laundering on December 21, Al-Sabah said that the economy is open to money laundering and terrorism fighting instruments.
The country’s legislations aimed at combating money laundering are clear and capable to face the challenges of this phenomenon. According to Al-Sabah, the department is adopting a plan that should enhance national economy.