Kidnapped Kuwaiti banker freed in Manila

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A prominent Kuwaiti businessman kidnapped in the Philippines on a $500,000 ransom has been freed, according to Kuwait state media.

Ahmad Al-Kandari was rescued by Filipino authorities on Wednesday and was in good health.

He was being questioned about his ordeal before he would be handed over to Kuwaiti diplomats in the country and eventually returned home.

Al-Kandari was taken in Manila in August. It was not revealed whether the ransom was paid to secure his freedom.

His kidnapping followed the murder of a Bahraini banker in neighbouring Malaysia.

Seventy-five-year old Hussain Ahmad Najadi, founder of Malaysia’s fifth largest bank, Arab Malaysian Banking Group, was gunned down in the capital Kuala Lumpur on July 29.

Najadi’s murder was the third attack on high profile figures in Malaysia in recent months, following the deaths of a senior customs official and anti-crime activist in similar circumstances.

Two women and a man have reportedly been detained in relation to Najadi’s murder.

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