Khaberni - Kuwait has established a prosecution for banking affairs to investigate banking crimes, including electronic fraud, bank forgery, and issuing checks without balance, according to the Kuwaiti newspaper "Al-Qabas".
The new prosecution conducts periodic studies and analytical reports to monitor banking crime methods and innovate practical solutions to reduce them, becoming a primary source of information and analysis in this field.
Kuwait's motivation to establish a prosecution for banking crimes increased after the rise in electronic fraud, where the Kuwaiti security authorities dealt with more than 3000 cases last year, involving fraudulent advertisements, phantom stores, and fake payment links.
The prosecution of crimes will also launch legal awareness programs - targeting entities and individuals in the community, to raise awareness about digital crimes and the measures taken against them, in line with the evolution of electronic fraud crime methods.
In the same context, the Kuwaiti Attorney General, Counselor Saad Al-Safran, clarified that rapid financial shifts have reinforced the need to establish this prosecution to build trust in banking transactions.
He emphasized that the coming phase will witness a qualitative development in the mechanisms for combating crime in the banking sector and improving the efficiency of related procedures.
The Attorney General added that the selection of members of the prosecution for banking affairs is based on objective criteria that rely on practical experience and professional competence, with the aim of building an investigative system that faces modern sophisticated banking crimes at an accelerated pace.
