Monday, 13 November 2017

Kuwait banks told to examine Saudi accounts after arrests- sources | ZAWYA MENA Edition

Kuwait banks told to examine Saudi accounts after arrests- sources | ZAWYA MENA Edition:

"Kuwaiti banks have been told by the central bank to provide account details relating to some Saudi Arabian nationals, sources familiar with the situation told Reuters on Monday.

The move follows the freezing of more than 2,000 domestic bank accounts in Saudi Arabia after the detention of senior business figures and officials in a campaign against alleged graft.

Kuwait's central bank had asked its banks if they had exposure to any of the Saudi citizens who were arrested, one of the sources said, without providing further information. "



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