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Arrest warrant out for Rajaan

KUWAIT: The public prosecution has issued an international arrest warrant against former general director of the Public Institution for Social Security Fahad Al-Rajaan after a prison sentence was handed in absentia against him on charges of manipulation of the institution’s funds.

The prosecution said in a statement that it had concluded investigations into the case involving Rajaan and an employee for “inflicting grave harm on the funds” of the institution. The pair are charged with breaching the institution’s law and the finance minister’s decisions and using the institution’s funds in highrisk investments and speculations, thus leading to heavy losses and undermining the “state’s financial status”.

It said that an international detention warrant has been issued against the fugitive Al-Rajaan and has ordered his imprisonment in absentia.

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