| 30.09.2009 - Kuwait sovereign fund denies losing $94 bln |
| From Dailytimes.com.pk: Kuwait Investment Authority (KIA), the Gulf state sovereign wealth fund, on Tuesday denied a United Nations claim its assets slumped by $94 billion due to the global financial crisis. KIA acting managing director Othman Ibrahim al-Issa said in a statement cited by the official KUNA news agency that the authority has asked the UN agency which reported the losses to rectify the mistake...................Full Article: Source |