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Friday , September 20 2019

SAB to issue new irregularities report related to public funds

KUWAIT CITY, Sept 15: The State Audit Bureau (SAB) will soon issue a new report on the irregularities related to public funds in various government agencies, reports Aljarida daily quoting informed sources.

Sources said these irregularities should be avoided in the next financial year or the agencies should provide proof of developments thereon and the committees formed in order to solve the irregularities. Sources disclosed the report will be accompanied by the detailed annual report prepared by SAB which will be submitted to the Council of Ministers and the Parliament by the end of September in accordance with the law on establishing SAB.

Sources added there were many irregularities during fiscal 2017/2018 but the government agencies showed commitment in dealing with these irregularities, considering some addressed more than 80 percent of observations registered against them in the past years.

Sources affirmed the officials were willing to cooperate in order to address the most important observations. Sources said SAB recommended the formation of commissions of inquiry to look into public fund irregularities, and it even requested for selection of members from outside governmental bodies to guarantee transparency.

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