Kuwait-Mubasher: Kuwait Finance and Investment (KFIC) said it should receive an amount of $2.14 million from Gulf Finance House (GFH) based on a verdict issued by Bahrain Chamber for Dispute Resolution.
Bahrain-based GFH was obligated as well to pay an annual interest of 3% for the period started in 1 December 2010 until it makes full payment of the due amount, in addition to attorney fees of BHD 400.
KFIC said this verdict won’t have any financial impact, until the amount is collected in full.
