News On SAB
audit-bureau-centers-on-wastage-of-public-money_kuwait
Audit Bureau ‘centers’ On Wastage Of Public Money The Audit Bureau report which was issued recently centers on suspicions of waste of public money by the Kuwait Oil Company(KOC) related to several engineering and support group contracts for the inspe... January 20, 2022 103 Category: Business
cabinet-resolves-dispute-between-pahw-sab-over-offering-tenders_kuwait
Cabinet Resolves Dispute Between PAHW, SAB Over Offering Tenders The Council of Ministers has resolved the disagreement between the Public Authority for Housing Welfare (PAHW) and the State Audit Bureau (SAB) regarding tenders for the supply, extension and maintena... January 18, 2022 312 Category: Business
2276-issues-worth-27b-seen_kuwait
‘2,276 Issues Worth $2.7b Seen’ The State Audit Bureau (SAB) said on Monday that it dealt with 2,276 issues by expressing its opinion on them during the period between April 1 and December 31 last year, at a value of 2.7 billion din... January 03, 2022 167 Category: Business
sab-cites-flaws-in-mocs-oversight-of-postal-sectors-wages--settlements_kuwait
SAB Cites Flaws In MoC’s Oversight Of Postal Sector’s Wages & Settlements The report for the 2020/2021 fiscal year issued by the State Audit Bureau for the Ministry of Communications revealed the existence of flaws in the oversight of wages and settlements of the postal sec... November 13, 2021 135 Category: Kuwait
sab-criticizes-mpw-for-not-using-budget-allocated-for-34-projects_kuwait
SAB Criticizes MPW For Not Using Budget Allocated For 34 Projects The State Audit Bureau criticized the Ministry of Public Works for not benefiting from the budget allocated for 34 projects in the budget of 2020/2021 fiscal year, totaling about KD 22 million, report... October 13, 2021 172 Category: Kuwait
sab-rejects-almutlaa-cable-tenders_kuwait
SAB Rejects Al-Mutla’a Cable Tenders The State Audit Bureau (SAB) in a letter has informed the Public Authority for Housing Welfare that three tenders for the supply, extension and maintenance of 132 kV ground cables for feeding 8 major ... September 14, 2021 478 Category: Kuwait
sab-reports-on-moh-dearth-of-efficiencies-oversight-saves-kd-241m_kuwait
SAB Reports On MoH Dearth Of Efficiencies; Oversight Saves KD 24.1m The annual report of the Prior Control and Technical Support Sector in the State Audit Bureau for the 2020/2021 fiscal year concluded with observations on the performance of the Ministry of Health, su... July 25, 2021 256 Category: Business
sab-alerts-kapf-on-forgotten-endowment-properties-abroad_kuwait
SAB Alerts KAPF On Forgotten Endowment Properties Abroad State Audit Bureau has alerted Kuwait Awqaf Public Foundation to follow up dozens of endowment properties outside Kuwait that were forgotten and neglected for decades, reports Al- Qabas daily. A re... October 19, 2020 366 Category: Business
violation-cited-by-sab-against-moc_kuwait
Violation Cited By SAB Against MOC The State Audit Bureau has cited a new financial violation against the Ministry of Communications after it extended maintenance contract of Siemens switchboards without obtaining prior approval, repor... October 15, 2020 416 Category: Business
sab-approved-ministry-of-communications-tender_kuwait
SAB Approved Ministry Of Communication’s Tender The State Audit Bureau (SAB) approved recently the Ministry of Communication’s tender for establishment, maintenance and restoration of governmental buildings and other construction works in Haw... November 21, 2019 314 Category: Kuwait
sab-send-its-observations-to-ministry-of-public-works_kuwait
SAB Send Its Observations To Ministry Of Public Works State Audit Bureau revealed that the revenues collected by Ministry of Public Works in the 2018/2019 fiscal year was KD 13.7 million but its expenditure was KD 1.126 billion, reports Al-Qabas daily. ... October 31, 2019 259 Category: Kuwait
sab-unconvinced-about-ppp-sectors-performance_kuwait
SAB Unconvinced About PPP Sector’s Performance The State Audit Bureau affirmed that the public-private partnership (PPP) sector did not succeed in carrying out majority of its mandate in terms of accomplishing projects and watering down obstacles.... October 30, 2019 272 Category: Business
sab-has-constituted-committees-to-investigate-some-violations-in-the-oil-sector_kuwait
SAB Has Constituted Committees To Investigate Some Violations In The Oil Sector The State Audit Bureau (SAB) has constituted committees to investigate some violations in the oil sector, hoping the sector will cooperate and be serious with the step taken to solve problems and deal... September 11, 2019 327 Category: Business
sab-has-underlined-the-necessity-to-keep-abreast-of-rapid-changes-in-audit-industry_kuwait
SAB Has Underlined The Necessity To Keep Abreast Of Rapid Changes In Audit Industry Kuwait’s State Audit Bureau (SAB) has underlined the necessity to keep abreast of the latest advancements in the audit industry, saying it proves crucial for overall growth and development. The ... August 27, 2019 337 Category: Business
sab-discussed-19-sovereign-rating-with-fitch,-al--busairi_kuwait
SAB Discussed 19 Sovereign Rating With Fitch, Al -Busairi Acting Chairman of the State Audit Bureau Adel Al-Saraawi has recently met a visiting delegation of the internationally renowned rating agency Fitch, discussing Kuwait’s 2019 sovereign rating. S... March 10, 2019 353 Category: Business
moci-reaches-compromise-with-sab-over-solving-licensing-issues_kuwait
MoCI Reaches Compromise With SAB Over Solving Licensing Issues Informed sources disclosed that Kuwait Petroleum Corporation (KPC) is planning to secure a loan of KD 16 billion to support its capital projects for the next five years, reports Al-Rai daily. The s... November 05, 2018 359 Category: Business
kuwait-sab-announces-kd-249m-financial-savings-in-public-funds_kuwait
Kuwait SAB Announces KD 249m Financial Savings In Public Funds Kuwait’s State Audit Bureau (SAB) announced on Saturday making financial savings in public funds at the value of KD 249 million (around $820 million due) to supervisory activities it fulfilled i... November 04, 2018 375 Category: Business
sab-achieves-direct-cost-saving-of-kd677,417_kuwait
SAB Achieves Direct Cost Saving Of KD677,417 Head of the team tasked to prepare annual and activity reports for the Prior Control and Technical Support Shadha Bozbar, who also serves as senior audit officer in the Prior Control Department for So... September 21, 2018 343 Category: Business
sab-announces-nomination-for-membership-of-asosai_kuwait
SAB Announces Nomination For Membership Of ASOSAI Kuwait’s State Audit Bureau announced Sunday its nomination for a membership in the Governing Board of Asian Organization of Supreme Audit Institutions for the period of 2018- 2021. The election... September 17, 2018 435 Category: Business
sab-to-issue-new-irregularities-report-related-to-public-funds_kuwait
SAB To Issue New Irregularities Report Related To Public Funds 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... September 16, 2018 335 Category: Business
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