Kuwait financier facing fraud found dead
A brash Kuwaiti financier facing a fraud suit by US authorities has been found dead in an apparent suicide that sent shockwaves through the Gulf Arab financial sector.
Over 93,000 Kuwaitis and Kuwait-based foreigners have been banned from getting out of the country after they failed to pay their debts, a news report has said.Out of the 93,099 people, 30,970 are Kuwaitis who owe 785 million Kuwaiti dinars to people or establishments and the rest are expatriates who reportedly owe 543 million dinars,Ali Al Dhubaha, the chairman of the Sentences Enforcement Department Counsellor, told Kuwait's Arab Times daily.