Article 283 of Kuwaiti Penal Code

Any debtor who commits any of the following acts shall be punished by imprisonment for a term not exceeding 3 years and a fine not exceeding 5,000 dinars, or by either of these 2 penalties: 1 - Conceals, smuggles away, transfers or disposes of his assets, whether by conventional or electronic means, with the intent not to discharge debts owed by him that are established by an enforceable instrument. 2 - Acknowledges debts not owed by him or reduces his assets or rights payable by third parties with the intent not to discharge debts owed by him that are established by an enforceable instrument. The criminal proceedings shall lapse at any stage if the accused pays the amount of the debt, reaches a settlement with the creditor, or is pardoned by him. If payment, settlement or pardon takes place after a final judgment of conviction has been rendered, the court that rendered that judgment may order suspension of the penalty imposed upon the request of the convicted person. (1) The part and Articles 283 - 284-285-286 were added pursuant to Decree-Law No. 65 of 2025 Law Index