Kuwait Sentences Seven to Life for Public Fund Fraud

May 11, 2026

50 min

May 11, 2026 03:30

Kuwait hands life sentences, fines seven over multi-million dinar public fund fraud

## Court Ruling

A Kuwaiti court has sentenced five Kuwaiti nationals and two Americans to life imprisonment for their involvement in a large-scale public fund fraud. The court also imposed fines amounting to KD98 million on the defendants.

## Fraud Details

The case revolved around the misappropriation of funds from an investment fund associated with state entities, including the Public Institution for Social Security and Kuwait Ports Authority. The defendants were found guilty of embezzling funds through fictitious transactions and fabricated arbitration cases.

## Legal Proceedings

Prosecutors revealed that the fraudulent activities involved sham lawsuits filed in various international courts, including those in Dubai and the Cayman Islands. These lawsuits were based on a 2016 investment management agreement, aiming to claim funds without legal grounds.

## Investigation

The investigation was initiated following a complaint by lawyer Abdullah Al Kandari, who highlighted suspicious financial activities and fictitious lawsuits linked to the fund's management. This led to a comprehensive investigation and the eventual prosecution of the involved parties.

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