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Wed 31 Oct 2007 02:00 AM

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Lack of evidence puts minister in clear

Tribunal says former Kuwaiti oil and finance minister will not face charges over amassing illegal profits.

Former Kuwaiti oil and finance minister Sheikh Ali Khalifa Al-Sabah will not face graft charges because of a lack of evidence against him, a tribunal announced on Tuesday.

Sheikh Ali was questioned by the tribunal for about four months, AFP reported. The government has the right to appeal the tribunal’s decision.

The former minister was accused by the government in 2001 of amassing illegal profits from the Kuwait Oil Tanker Company (KOTC) by creating paper companies and leasing oil tankers, resulting in the loss of more than $100 million.

The case was previously dismissed twice by the Kuwaiti judiciary over procedural flaws.

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