KUWAIT – A brash Kuwaiti financier facing a fraud suit by US authorities was found dead on 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 CEO of Al Raya Investment, which is 10 per cent owned by Citigroup Inc, and had been at the centre of a financial scandal that erupted last week.- Nampa-Reuters
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