18 Oct 2011

Anti-Corruption Draft Law Passed by Cabinet

Kuwait’s Government passed yesterday an Anti-Corruption draft law that will now be sent to the head of state and the Parliament. The draft includes provisions on crimes such as financial disclosure, money laundering, manipulation of public contracting procedures and bribery, among others. The bill foresees the creation of an independent anti-corruption body.

The measure follows an assessment by the International Monetary Fund (IMF) that pointed out weaknesses in the national legal framework to combat money laundering. Last week, a protest by around 2,000 people in the capital also called for measures against corruption in the government.

For the full article on arabtimesonline.com, please click here.