The court acquitted all other defendants accused of laundering 55 million Kuwaiti dinars (approximately $179 million) and ordered the confiscation of all seized funds.
Investigations by the Kuwaiti Public Prosecution revealed that the network specifically targeted members of Kuwait’s Egyptian community — one of the largest expatriate groups in the country, numbering around 600,000 people. The network collected funds in cash and transferred them to Egypt and other countries through unofficial channels, bypassing licensed banks and money exchange companies.
The investigation also found that the network operated a parallel financial system based on unregistered transfers, known as "hawala," allowing the movement of large sums of money beyond the oversight of Kuwait’s Central Bank.
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