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Asian Expat Working at Kuwait’s Central Bank Held for Counterfeiting KD 19,000

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KUWAIT CITY, March 26: The Counterfeiting and Forgery Investigations Department of the Criminal Security Sector, under the leadership of Major General Hamed Al-Dawas, has referred an Asian expatriate to the Public Prosecution on charges of counterfeiting Kuwaiti currency. The case file includes 19,000 Kuwaiti dinars in counterfeit banknotes (denominations of 20 and 10 dinars) from the fifth edition of the currency.

Details of the Crime

Investigations revealed that the accused, who worked at the Central Bank of Kuwait, believed his position would enable him to fraudulently exchange the counterfeit fifth-edition notes for authentic sixth-edition currency. According to a security source, the Central Bank initially detained the suspect after discovering he owned the fake money.

Upon receiving the report, counterfeiting and forgery detectives swiftly took the expatriate and the seized counterfeit notes to the Criminal Security headquarters for interrogation. During questioning, the accused admitted to exploiting the currency replacement initiative, which phases out the fifth-edition notes. He allegedly printed the fake currency, intending to exchange it before the April 18 deadline, after which old notes would no longer be eligible for replacement.

Broader Schemes and Accomplices

The suspect claimed he believed his connections at the Central Bank would help him avoid detection, as the old currency was meant to be destroyed rather than recirculated. However, investigators are now examining whether he had previously succeeded in exchanging counterfeit money for real currency.

Further interrogations led to the confession of accomplices who assisted in printing the fake banknotes. Authorities have since arrested these individuals, and all suspects remain under investigation. The Public Prosecution will conduct a fresh inquiry into the case to determine the full extent of the operation.

Central Bank’s Warning

The Central Bank of Kuwait has reiterated that April 18, 2025, is the final deadline for exchanging fifth-edition currency. After this date, holders of the old notes will no longer be able to convert them into the new sixth-edition currency. The bank has also urged the public to remain vigilant against counterfeit money and report any suspicious financial activities.

This case highlights ongoing efforts by Kuwaiti authorities to combat financial fraud and maintain the integrity of the national currency. Further updates will follow as the investigation progresses.

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Cops Catch Fleeing Suspect With Narcotics, Booze, And Big Cash

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Cops Catch Fleeing Suspect With Narcotics, Booze, And Big Cash

Seized items along with the accused were referred to the authorities

KUWAIT CITY, July 21: A man in his thirties was caught red-handed in a dramatic drug bust in Sharq area after trying to resist arrest.

Police patrols spotted the suspect behaving erratically while driving a four-wheel-drive vehicle. As officers approached, the man attempted to flee the scene, triggering a tense pursuit. But the chase didn’t last long; the patrol quickly forced the vehicle to a halt.

Upon searching the vehicle and the suspect, officers discovered a damning stash: two bottles of alcohol, a quantity of narcotics, and a suspicious bundle of KD 1,000 in cash. The man, described by police as being in an “intoxicated state,” was immediately arrested on suspicion of drug use and possession.

The seized items were confiscated, and the accused was handed over to the General Department for Drug Control, where he now faces serious charges related to drug and alcohol possession.

Police sources say the quick response and alertness of the patrol team helped prevent what could have been a dangerous situation on the road.

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Egyptian Stole Half a Million… Then Opened a Beauty Clinic — Now He’s in Kuwait Jail

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KUWAIT CITY, July 21: The Court of Cassation has sentenced an Egyptian national to 10 years in prison with hard labor for charges of breach of trust, embezzlement, and money laundering during his time as a financial manager at the Kuwait Teachers Association.

In addition to the prison term, the court ordered the defendant to pay a fine of approximately KD 1 million and ruled that he be deported from the country upon completion of his sentence.

The case dates back to 2018, when the accused was found to have manipulated the association’s accounts, repeatedly increasing his own salary, issuing unauthorized payments, and disbursing checks that bounced. Investigations revealed that he had exploited his position to issue five unapproved checks and embezzled over KD 500,000, which he funneled into a private business venture.

The stolen funds were allegedly used to open a cosmetic clinic, which generated over KD 400,000 in profits. The court viewed this as a clear case of laundering illicit gains under the guise of legitimate investment.

The final ruling brings an end to a high-profile case that highlighted serious breaches of financial oversight within the association.

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Domestic Worker in Critical Condition After Reported Suicide Attempt

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KUWAIT CITY, July 21: An expatriate man in his thirties, holding an Article 20 (Domestic Visa)  residence permit, was rushed to Jahra Hospital after a reported suicide attempt.

According to the Ministry of Interior, the operations room received an emergency call reporting that the worker had attempted to take his own life by slitting his wrist. He was immediately transferred for urgent medical treatment and has been placed under police guard pending further investigation. Authorities have launched an inquiry to determine the circumstances and motives behind the incident. Further details are expected once the investigation progresses.

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