VOL. XXXVI

NO. 18

1-FEBRUARY-1993

Financial and Banking News

KUWAITI INVESTMENTS

Spanish Court Rejects KIO Law Suits: de la Rosa Threatens to Embarrass KIO

A Spanish court has rejected, on procedural grounds, lawsuits filed by theKuwait Investment Office (KIO) against seven former executives of Grupo Torras.Judge Miguel Moreiras said on 26 January that the court would not accept thelawsuits "because we don't consider that this is the correct procedure. Thecorrect procedure is that of suspension of...