VOL. XXXVII

NO. 24

14-MARCH-1994

Financial and Banking News

Investment News

Spain To Investigate Allegations Of Bribery During Gulf War

The Spanish Ministry of Justice has asked the country's public prosecutor toinvestigate allegations that the Kuwait Investment Office (KIO) bribed Spanishpoliticians during the Gulf War. The government announced the investigation on 7March, immediately after the local daily El Pais published allegations thatKIO's main investment arm in Spain, Grupo Torras, paid...