In 2008, Said Attoumani, the former Comoran minister responsible for promoting foreign investment, praised the expected $100 million from wealthy Gulf investors in support of the prospective law.
[3] The new law was passed in November 2008 after a number of "fact-finding" missions by Comoran politicians to Kuwait and the UAE organized by Comoro Gulf Holdings partners Bachar Kiwan, Majd Suleiman, Sheikh Sabah Jaber Mubarak Al-Sabah, and Mohammed Al-Otaibi[7][3] in October,[3] in which "deputies received laptops and other gifts.
The US cable added:"Taken at face value, CGH is a limited-funding promoter with a long-term vision of the Comoros as a Gulf tourist destination.
"[9]In April 2015, a Comorian court ruled that Comoro Gulf Holdings owed the state $16 million from the economic citizenship program.
During the fuel shortages that followed the invasion, CGH's bank on the island, Banque Féderale de Commerce, reportedly made $3–5 million in revolving credit available for petroleum imports.