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KIO To Be Prosecuted For Unspecified Violations

Finance Minister of Kuwait Fahd Al-Jarallah referred Kuwait Investment Office (KIO), to a prosecutor over unspecified violations. KIO is the London office of Kuwait’s SWF. Kuwait says the alleged violations occurred beteween 2018 and 2022. The allegations were made known over social media site X. The Kuwait Investment Authority is the world’s oldest sovereign wealth…

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