All Bank Transactions Documented, CBI Allegations Wrong: Nirav Modi’s Lawyer

Billionaire celebrity jeweller Nirav Modi denies allegations that he was involved in a $1.8 billion loan fraud at Punjab National Bank (PNB), his lawyer told Reuters today.Vijay Aggarwal, a lawyer for the jeweller, said all transactions with PNB were documented and allegations made by the Central Bureau of Investigation (CBI) were completely wrong."Everything is documented," Mr Aggarwal told Reuters over telephone. Investigators have alleged that Nirav Modi and others conspired with several employees...

Read more

Extension for amnesty

There are chances the amnesty that was given for the residence law violators to leave the country without paying fine or legalize their stay may be extended to another 30 days, reports Al- Anba quoting reliable Interior Ministry sources.The 25-day amnesty ends in four days on Feb 22, 2018, and the daily quoting sources said the Deputy Prime Minister and Interior Minister Sheikh Khalid Al-Jarrah is studying the request in this regard. Meanwhile, the ports sector, under the supervision of the Assistant...

Read more

Citizens, expats urged to avoid wasting water during holidays

Undersecretary of Ministry of Electricity and Water Eng Mohammad Bushahri called on all citizens and expatriates to avoid wasting water during the celebrations of the National Days, reports Al-Rai daily. Bushahri warned about the water that people would use during the celebrations, as the source of the water is unknown and may contain harmful substances. He affirmed that the ministry shares with the citizens the joy of celebrating the Independence Day and Liberation Day of Kuwait. However, the celebrations...

Read more

MP queries expat hire for Kuwait Airways Corporation post

MP Saleh Ashour has forwarded questions to Minister of Finance Nayef Al- Hajraf on the appointment of a foreigner as assistant commercial chief executive officer at Kuwait Airways Corporation (KAC). Ashour disclosed that Philip Sander was previously appointed as assistant commercial chief executive officer but he was dismissed following charges of contract manipulation and then he fled from the country.Now, they intend to hire a German woman for this position and she was invited to Kuwait for this...

Read more

No rise in tuition fees at all private schools

Minister of Education and Higher Education Dr Hamid Al-Azmi issued a decision to stop tuition fee increase in all private schools — American, English, bilingual, French, Arabic, model, Indian, Pakistani, Philippines and Iranian; hence, the fees for academic year 2018/2019 should be the same as the previous year, reports Al-Anba daily.Al-Azmi urged all private schools to abide by the directive; otherwise, a warning will be issued to them and they will be required to correct the violation within...

Read more

Rotomac Pen Owner, Accused Of Rs. 800-Crore Fraud, Raided By CBI

After billionaire jeweller Nirav Modi, industrialist Vikram Kothari, the promoter of Rotomac Pen, has been charged by the CBI and is being raided. In a First Information Report (FIR) filed last night, the agency has charged him with defaulting on loans worth Rs.800 crore.Vikram Kothari is the Chairman and Managing Director at the Kanpur-based Rotomac Global Private Limited.CBI sources say action against the billionaire followed a formal letter of complaint by the Bank of Baroda, one of the banks...

Read more

LIBERATION FOR KUWAITIS, EXPATS JAILED FOR DEBT – Amir orders payment of prisoner debt

His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah ordered the payment of debts for citizens and expatriates in prison, said the Amiri Diwan in a statement Sunday. His Highness the Amir’s generous step came in celebration of Kuwait’s 57th National Day and 27th Anniversary of Liberation, added the statement.Meanwhile, National Assembly Speaker Marzouq Al- Ghanim praised His Highness the Amir’s initiative to pay debts of imprisoned citizens and expatriates. His Highness the Amir’s...

Read more

Sandstorms hit Kuwait … chance of thunderstorm

As Kuwait was affected by a strong sandstorm, the weather conditions and wind movements were expected to result in thunderstorm, an official at the Directorate General of Civil Aviation’s (DGCA) Meteorological Department said Sunday.The department head Meteorologist Abdulaziz Al-Qarawi told KUNA that the temperatures hovered between 26- 28 Degrees Celsius, adding that active south to northwestern winds at 20-55 kilometers per hour (km/h) prevailed while the sea witnessed waves at around 3-7 feet....

Read more

July 1 deadline set for Ministry of Education to terminate expats’ contracts

Civil Service Commission (CSC) has set July 1, 2018 as deadline for the Ministry of Education to terminate the contracts of expatriate employees affected by the replacement policy for fiscal year 2018/2019, reports Al-Qabas daily.In a letter, CSC notified the ministry that financial arrangements for the employees in question will be struck off next year’s budget.Meanwhile, Kuwait Teachers Society (KTS) lamented the unjustified reaction and offensive remarks against teachers and the schools’ administration...

Read more

KEPS warns against anti-environ acts during national days’ festivities

Kuwait Environment Protection Society (KEPS) on Saturday called for abstaining from transgressing on the environment during the national days’ celebrations. Jenan Bahzad, the society general secretary, indicated in a statement that she was making the appeal for public restraint after monitoring some erratic behaviors — harmful to the environment recently.Some people have dumped plastic bottles, bags and balloons in the sea waters and on the beaches, she said, reminding the public that 30 percent...

Read more