Violations detected in Ahmadi co-op

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KUWAIT CITY, April 1: The Ministry of Social Affairs has sent a letter to the Board of Directors of the Al-Ahmadi Cooperative Society, urging the members to take urgent measures to rectify violations highlighted by an investigation committee, reports Al- Jarida daily. Among these violations, the Ministry requested clarification on investment contracts that were either unauthorized or concluded without prior approval. Legal action against employees involved in such violations, leading to their termination, was also demanded. Furthermore, the Ministry required the cooperative to address the lack of accreditation for its staff, as well as provide records of the Administrative and Financial Committee’s decisions regarding staff accreditation. Non-compliance with the attendance and departure monitoring system via fingerprint verification was also noted as a violation.

The Ministry sought details of disciplinary and judicial actions taken against employees failing to comply with attendance procedures, leading to undeserved salary disbursements. Additionally, terminating employees’ services while investigation and review committees are active was deemed a violation. The Ministry requested a list of terminated employees’ names along with copies of termination decisions. This initiative reflects a new policy aimed at resolving cooperative violations promptly, provided they do not severely impact cooperative operations or shareholders’ interests. In another development, the ministry has finalized lists of approximately 2,500 employees eligible for excellent work bonuses. These employees, who received annual “excellent” evaluations, will receive bonuses ranging from 300 to 2,000 dinars, depending on their job grade and title. The Ministry of Finance has allocated approximately 1.5 million dinars for disbursing these bonuses, aiming to deposit them into eligible employees’ accounts soon.

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