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Kuwait's PIFSS wins lawsuit against "Fahad Al-Rajaan" and "Man Group" in London

Source: كويت نيوزOfficial decisions1 min read
Kuwait's PIFSS wins lawsuit against "Fahad Al-Rajaan" and "Man Group" in London
Amount Al-Rajaan was accused of embezzlingمليار دولارNearly

Kuwait's Public Institution for Social Security has won a lawsuit in London against asset manager Man Group and others, over allegations of laundering bribes paid to its late director general, Fahad Al-Rajaan.

The institution filed the lawsuit in 2019, accusing Al-Rajaan of embezzling nearly $1 billion.

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