Businesswoman gets four-year in money laundering case, fined 1,152,100 dinars

The Court of Cassation has upheld the verdict of a lower court in one of Kuwait’s most high-profile money laundering cases, sentencing a businesswoman to four years in prison with hard labor and ordering her to pay 1,152,100 dinars in fines.

The court found the woman guilty of money laundering of 28 million dinars through fraudulent real estate schemes, in which the defendant sold non-existent or misrepresented apartments to students near universities in the United Kingdom, reports Al-Rai daily.