Kerala nurses defraud Kuwaiti bank of Rs 700 crore
2 weeks, 2 days ago

Kerala nurses defraud Kuwaiti bank of Rs 700 crore

New Indian Express  

KOCHI: Hundreds of nurses from Kerala have allegedly defrauded a bank in Kuwait of nearly Rs 700 crore before leaving the Gulf country. As many as 1,425 nurses from the state availed large loans from the Gulf Bank, “wilfully” defaulted repayment, and migrated to Canada, Australia and European countries. So far, cases have been registered in Kerala based on complaints filed by Kuwaiti national Mohammed Abdul Vassey, Deputy General Manager, Gulf Bank, against 10 persons who took loans while working with the Ministry of Health and exited the country without repaying the loan. According to advocate Thomas J Anakkallumkal, who is representing the bank in Kerala, “Most of these nurses had taken loans earlier and promptly repaid them.

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Kuwait Gulf Bank alleges Rs 700 crore loan fraud by nurses from Kerala
2 weeks ago

Kuwait Gulf Bank alleges Rs 700 crore loan fraud by nurses from Kerala

India Today  

At least 10 FIRs have been filed in Kerala following a complaint from a Kuwaiti bank alleging fraud by Indian nationals, mostly nurses. The bank claimed that these individuals took out loans and, after going on leave, stopped repaying them, with many having migrated to countries like Canada and several in Europe. The Kuwait Gulf Bank has reported a total …

1,425 Keralites, Including 700 Nurses, Default On Kuwait Bank Loans; Kerala Police Register FIRs
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2 weeks, 2 days ago

1,425 Keralites, Including 700 Nurses, Default On Kuwait Bank Loans; Kerala Police Register FIRs

ABP News  

The Kerala Police have registered 10 First Information Reports against individuals from Kerala who fled Kuwait after availing themselves of substantial bank loans. The cases stem from complaints by the Gulf Bank of Kuwait's Consumer Credit Department, which revealed that many borrowers had absconded to countries like the US, UK, Canada, or relocated to different Indian states, leaving their loans …

Cases registered across police stations in Ernakulam for alleged default of loans taken from banks in Kuwait
2 weeks, 3 days ago

Cases registered across police stations in Ernakulam for alleged default of loans taken from banks in Kuwait

The Hindu  

Eight police stations in Ernakulam district have registered cases against several people, mostly health care professionals, for allegedly defrauding loans worth crores of rupees from various banks in Kuwait. Reportedly, more cases have been registered in other parts of the State based on complaints lodged by senior officials of the affected banks in Kuwait at the police headquarters in Thiruvananthapuram. …

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