(MENAFN- Arab Times) The director of an unidentified bank has been detained for interrogation for allegedly stealing KD 260,000 from the accounts of rich clients and transferring the money into his account and the accounts of his children without the knowledge of the clients, reports Al-Watan Arabic daily.
The fraud came to light when one of the clients visited a bank branch in Shuwaikh and discovered his bank balance was gradually 'sinking' and filed a complaint with the Shuwaikh Industrial Area Police Station.
During investigations the police found the suspect is Yemeni and works at the bank as Director of Operations.
It has also been discovered he was stealing the money from rich clients from 2007. During interrogation the man is said to have admitted to the crime.
In other news, the decision issued by the Ministry of Electricity of Water will come into effect from Sunday, Jan 6, 2013, reports Al-Seyassah daily quoting reliable sources.
According to the decision inspectors who have been chosen for the task will have the authority to issue citations for those who are caught stealing power and those who have failed to pay their debt to the ministry.
The sources added for this purpose 168 officials have been given training and of them best 22 have been chosen to do the task.
They have the authority to issue citations in the framework of applicable bylaws. Sources say, the inspectors will apply law No 48/2005.
Most notable areas which are under the microscope of the ministry are the suburbs of Jleeb Al-Shuyoukh, Khaitan, Hawalli and Farwaniya in addition to the Shuwaikh Industrial Area.
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