Browse
related articles
CBK to monitor Investment Dar
- Kuwait: Tuesday, September 08 - 2009 at 08:48
The Central Bank of Kuwait has appointed a temporary monitor at Investment Dar beginning on September 8 to monitor the company's activities, KUNA has reported. The move was in response to complaints by Dar's shareholders and creditors that they have not received funds owed to them by the lender, CBK said. 'Chief among the monitor's duties will be to find out why Dar was not forthcoming with its 2008 financial statement as per required by CBK, and to examine minutely details of the company's restructuring plans,' the central bank is quoted as saying.
Also consider reading:
Today's top stories
Week's top stories
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
- » Fitch places four Dubai-based banks' Individual ratings on Watch Negative
- » Fitch: Abu Dhabi support remains selective
- » 160k clients used rented cars in Dubai in 11 months
- » Blom Bank awarded 'Best Bank in Middle East and Best Bank in Lebanon 2009' by The Banker Magazine
- » Fitch downgrades Hamriyah Free Zone Authority to 'BBB-'; places on watch negative
StaffTuesday, September 08 - 2009 at 08:48 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
It looks like you are using a Mac - check out our 
Web Feeds