Fri, Aug 29, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Finance more

Kuwaiti financier charged with fraud in US found dead

Posted on 27 July 2009

From Menareport.com: Hazem Khalid Al-Braikan, CEO of Kuwait’s Al Raya Investment, which is 10 percent owned by New York-based Citigroup Inc., was found shot dead Sunday, according to a senior security official.

Earlier this month, the Securities and Exchange Commission (SEC) sued Al-Braikan in a US District Court in Manhattan over suspicious trading profits earned by fake offers to acquire US companies. According to US regulators, the case involved questionable offers from International Industries Inc. and Textron Inc…………Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031