Latest News
- Kuwait Arrested 18 Drug Dealers
- 8 More Mental Health Clinics To Be Open
- Fishermen's Makeshift Houses Ordered To Be Removed By Kuwait
- Kuwait Cracks Down On Bachelors
- Non-oil Exports Of Kuwait Reached 106 Million Dinars In January,...
- Kuwait Joins The Global Celebration Of World Press Freedom Day
- Kuwaitis In UAE Advised To Exercise Caution Amid Unstable Weathe...
- MEW Has No Plans For Power Cuts And Is Ready To Tackle The Summe...
- Allow Employees To Transfer If Their Monthly Dues Are Not Paid
- Appeal Court Upholds Death Ruling In Friend’s Kill
- Pakistani Expat Died In A Tragic Accident
- The Hourly Domestic Workers Service Is A New Scam
Mp Safa Hashem Announced That The Committee Has Agreed To Increase The Capital Of Kac By Kd600 Million
Rapporteur of the parliamentary Financial and Economic Affairs Committee MP Safa Hashem said they tackled the funding of Kuwait Airways Corporation (KAC) on Sunday. She pointed out the problem lies in the administration, while calling on all departments in State institutions to carry out their tasks properly. “Unfortunately, it seems that no minister wants to handle KAC,” she asserted.
She went on to say the administration of KAC presented six scenarios to get money but all of them do not make sense. “Until today, the Kuwaiti airline has yet to submit its financial statement and there is no professional team capable of doing so,” she stressed. While disclosing she was not convinced by the presentation of the KAC administration during the meeting, the lawmaker claimed the government is not keen on submitting a bill on KAC being a national carrier. She then announced that the committee has agreed to increase the capital of KAC by KD600 million which will be taken from the general financial reserve of the State.
She added Minister of Social Affairs and Labor Hind Al-Subaih attended the meeting and requested for a grace period of three months to respond to the questions of the committee. In a related development, MP Mohamed Hayef emphasized the need for the minister in charge of KAC to hold accountable those behind the irregularities reported by the State Audit Bureau, especially since some of these anomalies went on for several years. He rejected the idea of referring for retirement the officials proven to be involved in the irregularities, indicating these officials must be referred to the Public Prosecution.
He added there are indications that the KAC administration have committed errors; thereby, harming public funds and the interests of the State.
SOURCE : ARABTIMES
Trending News
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Ministry Announces Separate Time For Amnesty Seeke...
21 April 2024
-
The Ministry Connects With Violators Of Residency...
23 April 2024
-
Work Permits Will Be Issued For One Year Under The...
27 April 2024
-
AstraZeneca Admits Covid Vaccine Can Cause Rare Si...
29 April 2024
-
3 Expats Caught In Salmiya With 213 Bottles Of Loc...
23 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
Al-Nuer Festival Celebrates Kuwaiti Agriculture Wi...
22 April 2024
-
Peak-time 'cut-offs' Raise Fears Of An Electricity...
22 April 2024
-
Road Trip From Kuwait To Bahrain Via Saudi: Travel...
22 April 2024
Comments Post Comment