Nazaha refers cooperative society officials to Prosecution over fund misuse

The Kuwait Anti-Corruption Authority (Nazaha) has referred several senior officials of a cooperative society to the Public Prosecution over serious allegations of financial misconduct and mismanagement of public resources.

According to a statement issued by the authority, those referred include the Chairman of the Board of Directors, the Vice Chairman, a board member, the former general manager, the deputy general manager for administrative and financial affairs and the treasurer, reports Al-Rai daily.

These individuals are suspected of squandering the cooperative society’s funds and causing harm to its interests, which constitutes a violation of their fiduciary responsibilities and a potential breach of anti-corruption laws.

Nazaha affirmed that this referral is part of its ongoing efforts to uphold integrity, transparency, and accountability in public and semi-public institutions. The authority also emphasized that the case reflects its commitment to enforcing the law without exception, especially in institutions that manage public funds and serve community needs.

The investigation into the cooperative’s financial activities uncovered indicators of misuse and irregularities significant enough to warrant prosecution. The case now lies in the hands of the Public Prosecution, which will proceed with legal action and determine the accountability of each individual based on the available evidence.

Nazaha reiterated its call to all citizens and residents to report any suspected corruption or financial abuse through its designated reporting channels, highlighting that protecting public funds is a collective national responsibility.