Kuwaiti institutions under fire from Parliament

Members of parliament in Kuwait launched a fierce attack on the Central Bank of Kuwait (CBK) and the Kuwait Investment Authority (KIA), saying that some of their officials were deriving personal benefit from their decisions and investments.

MPs recommended that the Assembly's Budgets Committee should investigate allegations that the officials had profited in this way, but did pass their budgets for 2007/08.

They criticised the central bank for its actions on consumer loans, which they said had

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