KUWAIT CITY, April 26: The Criminal Court, headed by Judge Al-Dhuwaihi Al-Dhuwaihi, sentenced 19 citizens and expatriates to prison terms ranging from three to 10 years on Thursday. The court also fined them and the involved companies around KD 945 million — double the amount obtained from the money laundering crime involving 29 individuals and nine companies. Their activities ranged from import and export to general trading, money exchange and food delivery. The court stated in its ruling that the defendants formed an organized criminal group through which they committed money laundering, using proceeds from crimes that harmed national interests. They committed forgery of bank and customs documents, fraud, customs evasion, violating provisions prohibiting the entry of goods into the country, deliberately violating due diligence measures, and possessing and selling prohibited imports.

The court ordered seven defendants to pay a joint fine of KD 510 million — twice the value of the laundered funds. It also ordered three defendants to pay a joint fine of KD 80,000 — equivalent to half the value of the laundered funds, and one defendant to pay a fine of KD 100,000 — equivalent to half the value of the laundered funds. The court also ordered the companies involved to pay a joint fine of KD 255 million (about $832 million) — equivalent to the total value of the funds involved in the crime. It ordered the deportation of the convicted expatriates after serving their prison terms, as well as the confiscation of forged documents, proceeds of the crime, and other income and benefits resulting from crimes and the funds involved in the money laundering scheme. According to the case documents, 21 defendants illegally collected cash in Kuwaiti dinars from others through an exchange company, whose administrative and financial affairs were overseen by one of the defendants. Another defendant delivered the funds to four other defendants at the headquarters of two of the implicated companies.

The funds were then received by the two defendants from the other defendants who deposited the money into the accounts of other implicated companies, as well as the accounts of the two other defendants. The funds were then transferred either through banks to companies outside Kuwait, with the knowledge of four defendants, or through exchange companies, with the knowledge of two defendants. Two defendants signed the remittance forms used to complete all financial transfers for two of the implicated companies in their capacity as directors of the companies. Three defendants assisted the others involved in the crime from which the funds in question were obtained by transporting the equipment used in the incident to the locations specified in the documents, to conceal evidence of the crime and help the defendants escape punishment. The defendants possessed and appropriated these funds and then used them to conduct foreign transfers to conceal and disguise the nature and truth of the illicit source of these funds, their ownership, and the rights related to them, as evidenced by the investigations.

By Jaber Al-Hamoud
Al-Seyassah/Arab Times Staff