The Kuwaiti newspaper Al-Qabas reported that a prosecutor’s office delegation will travel to Switzerland and the UK to investigate the recovery of funds from the former director general of the General Social Insurance Organization, Fahd al-Rajaan.
A source told the newspaper that a delegation from the Prosecutor’s Office and the Department of Fatwas and Legislation will review the case for the return of Al-Rajaan’s money (he died about two months ago), which have been confiscated so far by court orders, and will visit the prosecutor’s office and the judiciary of these two countries, indicating that “judgments made in the interests of Kuwait both in these two countries and in their banks are not final. The source stated: “Procedures for the return of public funds will not be easy”, pointing out that “government laziness in entering into agreements with banks ready for reconciliation and closing the case will have a serious negative impact on public money and open the door to parliamentary accountability.”
Al-Qabas reported last January that Kuwait was “preparing to file new lawsuits against Fahd al-Rajaan in Switzerland.” And Al-Rajaan, who died last September at the age of 73 in London, where he lived for many years, is one of the most notorious corruption suspects in Kuwait during his tenure as head of the State Social Security Institution. , which invests the funds of pensioners in Kuwait and abroad, and among these charges are suspected crimes, embezzlement, breach of trust, mismanagement and money laundering. Al-Rajaan, who served as the Fund’s CEO for 30 years, has invested $70 billion in government funds, pension savings and assets. Al-Rajaan fled to the UK in 2015 and the Kuwaiti government tried to extradite him in 2017, and court documents indicate that he has “seized hundreds of millions of dollars since taking office in 1984”.
