Law-breaking companies fined

KUWAIT: The ministry of commerce and industry announced yesterday that the department for combating money laundering and terrorism funding issued 44 “precautionary measures” against law-breaking companies in October. The precautions included addressing written warnings to four real estate, two exchange and two jewelry companies. The department ordered 18 realty companies and a jeweler to adhere to specific “measures compatible with the law”. Moreover, it recommended suspending work of 14 development companies and a jewelry firm. — KUNA