A delegation from the United States Treasury Department visited Kuwait this week to discuss combating money laundering and corruption in the government.
The visit was shrouded in secrecy, but leaks indicated the delegation met with the Governor of the Central Bank of Kuwait Sheikh Salim ‘Abd Al-‘Aziz A-‘Sabah on Monday, the London-based A-Sharq Al-Awsat reported.
Kuwaiti officials presented the measures financial parties in Kuwait have taken to monitor the flow of cash and the collections of charities. The meeting focused especially on the stock exchange, finance and investment companies and charity organizations.
Sources told A-Sharq Al-Awsat that the delegation expressed satisfaction with the efforts of Kuwaiti monitoring groups in controlling donations and exchanging foreign currency through official channels.
The delegation aimed to learn more about recent developments in Kuwait concerning combating money laundering and terror funding. The American government is particularly concerned about Gulf charities that collect money and transfer it to parties outside the region.