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Tuesday , December 7 2021

‘Millions wasted by PAM’

Cash disbursed to non-deserving retired workers

KUWAIT CITY, Feb 14: In its latest report, the State Audit Bureau cited many violations against the Public Authority for Manpower (PAM), the most prominent of which is the wastage of millions of dinars in financial support for national manpower in the private sector, as PAM had disbursed support to 3,482 resigned employees due to weak oversight.

In its defense, PAM justified this violation by citing the delay in receiving resignation letters from the Public Institution for Social Security, and non-compliance by the private agencies in updating the concerned person’s data even after receiving online credentials to do so.

The State Audit Bureau affirmed that PAM disbursed financial support for national workers over the age of 65 as a result of the continued failure to specify the maximum age of those who are entitled to receive such support. It revealed that KD 624,653 were disbursed from April 2019 to February 2020 for 135 citizens over this age.

The bureau indicated that debts worth KD 2 million are owed by PAM as a result of unlawful disbursement of sums during nine months from early April to the end of December 2019. It also revealed the inflation of revenues collected through a recovered expenses account, which reflects the weakness of internal control over exchange operations.

This amounted to KD 7.8 million during the fiscal year that ended on March 31, 2020 at a rate of 10.5 percent of the total revenues of KD 76.3 million collected during the same year, considering this to be an indicator of the weakness of the internal control systems over the exchange business.

By Fares Al-Abdan Al-Seyassah Staff

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