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Saudi, Chinese Defense Ministers Discuss Bolstering Strategic Partnership

The Saudi and Chinese delegations meet in Beijing on Tuesday. (Saudi Defense Minister on X)
The Saudi and Chinese delegations meet in Beijing on Tuesday. (Saudi Defense Minister on X)
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Saudi, Chinese Defense Ministers Discuss Bolstering Strategic Partnership

The Saudi and Chinese delegations meet in Beijing on Tuesday. (Saudi Defense Minister on X)
The Saudi and Chinese delegations meet in Beijing on Tuesday. (Saudi Defense Minister on X)

Saudi Defense Minister Prince Khalid bin Salman bin Abdulaziz held talks in Beijing on Tuesday with his Chinese counterpart Lieutenant General Dong Jun as part of his official visit to China.

The officials discussed bilateral relations between their countries and means to bolster them within the framework of their strategic defense partnership to meet common interests and the aspirations of the Saudi and Chinese leaderships.

They also discussed joint coordination efforts to preserve international peace and security.

The meeting was attended by Saudi Chief of the General Staff Lt. Gen. Fayyad bin Hamid Al-Ruwaili, Saudi Ambassador to China Abdulrahman bin Ahmed Al-Harbi; Commander of the Strategic Missile Force Lt. Gen. Jarallah bin Mohammed Al-Alweet, Director General of the Office of the Minister of Defense Hisham bin Abdulaziz bin Saif, head of the Armed Forces Operations Authority Maj. Gen. Misfer Al-Ghanem, and Military Attaché at the Saudi Embassy in Beijing Commodore Salem bin Saleh Al-Maliki.

The Chinese delegation at the talks included Deputy Chairman of the Joint Chiefs of Staff of the Central Military Commission Lt. Gen. Jing Jianfeng, Director of the Office of International Military Cooperation at the Central Military Commission Maj. Gen. Li Bin, and several other senior officials.

Earlier, Prince Khalid met with China's Minister of National Defense, Admiral Dong Jun for discussions on ways to strengthen Saudi-Chinese relations as part of their strategic defense partnership.

They also tackled ways to boost defense and military cooperation and reviewed regional and international developments.

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Kuwait Court Concludes Major ‘Malaysian Fund’ Money Laundering Case

Kuwait’s Court of Cassation, in its final ruling, sentenced the defendants to prison terms ranging from 7 to 10 years, ordered them to return $1 billion, and fined them $500 million (Asharq Al-Awsat)
Kuwait’s Court of Cassation, in its final ruling, sentenced the defendants to prison terms ranging from 7 to 10 years, ordered them to return $1 billion, and fined them $500 million (Asharq Al-Awsat)
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Kuwait Court Concludes Major ‘Malaysian Fund’ Money Laundering Case

Kuwait’s Court of Cassation, in its final ruling, sentenced the defendants to prison terms ranging from 7 to 10 years, ordered them to return $1 billion, and fined them $500 million (Asharq Al-Awsat)
Kuwait’s Court of Cassation, in its final ruling, sentenced the defendants to prison terms ranging from 7 to 10 years, ordered them to return $1 billion, and fined them $500 million (Asharq Al-Awsat)

Kuwait’s Court of Cassation on Thursday concluded the country's largest money laundering case, known as the “Malaysian Fund” scandal.

The court, led by Judge Saleh Al-Muraishid, sentenced Sheikh Sabah Jaber Al-Mubarak, son of the former Prime Minister, and his associates Hamad Al-Wazzan, Bashar Kiwan, and two expatriates to 10 years in prison.

A lawyer involved in the case received a seven-year sentence.

The court also ordered the defendants to return $1 billion and collectively fined them 145 million Kuwaiti dinars (about $500 million).

The “Malaysian Fund” case involves fake transactions and forged contracts between companies in Kuwait and China. Investigators from Malaysia and the US estimate that around $4.5 billion was embezzled from the fund since 2009, implicating the former Malaysian prime minister.

Kuwait’s Public Prosecution reopened the case after a two-year pause due to lack of information.

On March 28, 2023, the Criminal Court sentenced a member of the ruling family, his associates, and two expatriates to 10 years in prison, with a lawyer receiving seven years.

They were ordered to return $1 billion and fined 145 million Kuwaiti dinars.

The original case in Malaysia dates back to 2016 when US prosecutors filed a lawsuit to recover over $1 billion allegedly tied to a conspiracy to launder money from the Malaysian sovereign wealth fund 1MDB, overseen by former Malaysian premier Najib Razak.

The funds were used to finance a Hollywood film, buy real estate, and acquire famous artworks.

In May 2020, the scandal surfaced in Kuwait after US defense officials provided information to the late Kuwaiti Defense Minister, Sheikh Nasser Sabah Al-Ahmad, revealing the involvement of several former officials in suspicious financial transactions for Chinese and Malaysian companies.

Investigations in Kuwait showed nearly $1 billion had been transferred into the account of an influential Kuwaiti figure before being rerouted abroad.

The inquiry linked a Malaysian financial expert accused in the case to the son of a former Kuwaiti Prime Minister, and they collaborated to channel the funds through intermediary companies.

On July 10, 2020, Kuwait’s Public Prosecution ordered the arrest of Sheikh Sabah Jaber Al-Mubarak and his associate in connection with the “Malaysian Fund” case.