Home FINANCEKuwait sovereign wealth fund fights court battle with fired executives

Kuwait sovereign wealth fund fights court battle with fired executives

by Press Room


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The Kuwait Investment Authority’s London arm has launched High Court proceedings against former executives over an alleged conspiracy to award unlawful pay increases.

The case is part of a broader dispute between the $600bn sovereign wealth fund and a number of former employees, which began during a period of upheaval after Saleh Al-Ateeqi, a former McKinsey partner who once worked for Tony Blair, was appointed…



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