Kuwait financier facing U.S. fraud suit found dead
Monday, July 27, 2009 : PermalinkReuters – A brash Kuwaiti financier facing a fraud suit by U.S. authorities was found dead Sunday in an apparent suicide that sent shockwaves through the Gulf Arab financial sector.
A security source told Reuters that Hazem Al-Braikan appeared to have died from a single gunshot wound to the side of the head, while a policeman standing outside Braikan’s house said the well-connected financier, 37, had shot himself.
Braikan was the chief executive of Al Raya Investment, which is 10 percent owned by Citigroup Inc, and had been at the center of a financial scandal that erupted last week.
Tags: apparent suicide, authorities, chief-executive, citigroup, citigroup-inc, financial scandal, financial-sector, financier, fraud-suit, gulf-arab, gunshot, hazem, policeman, reuters, security source
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