Minister Al-aqeel Refers Boards Of Two Coops To Prosecution

Minister of Social Affairs and Minister of State for Economic Affairs Maryam Al-Aqeel announced on Monday referring boards of Al-Jabriyah and Fahad Al-Ahmad cooperative societies and two board members of Al-Naeem society to the public prosecution due to grave financial irregularities.

The minister said in a statement to KUNA the legal action against the boards and the members were taken in line with a memo filed by the cooperative sector of the ministry of social affairs with respect of discovering violations in works of these societies, noting that the two board members of Al-Naeem society had been dismissed due to same reasons.

The memo calls for speedy legal action against the boards and the boards members to protect funds of shareholders and maintain a good image of the cooperative sector in the country. Minister Al-Aqeel has warned that she will not hesitate to refer any breaching society to the judicial authorities.

She issued two decisions on Sunday, dissolving boards of Al-Jabriyah and Fahad Al-Ahmad

 

SOURCE : TIMESKUWAIT

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