VOL. XXXVII
NO. 17
24-JANUARY-1994
Financial and Banking News
Investment News
Kuwait's Audit Bureau Pinpoints Investment Problems At KIA
Kuwait's Audit Bureau has issued a damning indictment of the way Kuwait'sfinancial reserves used to be managed by the Kuwait Investment Authority (KIA).In its recently published report on KIA's activities during the financial year1991/92, the Bureau lists a series of losses incurred by KIA in both regionaland international markets. They include the following:
- The...
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