VOL. XXXVIII
NO. 20
13-FEBRUARY-1995
Financial andBanking News
Legislation/Regulation
Central Bank Of Kuwait Under Fire Over Local Company Regulation
The Central Bank of Kuwait has been criticized by a local lawmaker over itsfailure to regulate a local exchange company which is now unable to repay itsdepositors. Mr. 'Abd Allah al-Nibari, one of the more vocal members of Kuwait'sNational Assembly, raised the issue of Commercial Group Limited during aparliamentary session on 1 February. He accused...
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