Wednesday 27 November 2024
 
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public money

Bahrain to probe ‘misuse of $1bn public money’

Probe committees in Bahrain will investigate criminal violations involving BD400 million ($1.05 billion) of squandered public money, a report said. The alleged crimes cited in the National Audit Court (NAC) 2013-14 report will be

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Ministries accused of wasting public money

Several of Bahrain’s government ministries have been accused of blatantly wasting public money. The Civil Service Bureau (CSB) found "a huge unjustified waste in the use of allowances, incentives and cash awards" d

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Bahrain plans to reduce 'lavish spending'

Bahrain must tighten its belt to reduce lavishness, rationalise spending and protect public money, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa said. Welfare spending will be trimmed substantially among a string o

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Bahrain to crack down on money squandering

The government has renewed its resolve to crack down on public money squandering in Bahrain. The pledge was reiterated as His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa chaired the weekly Cabinet meeting at Gudaibiy

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Bahrain to get tough on public spending

Tough new auditing measures are on the way in Bahrain to prevent any public money being squandered. Strict and extensive self-auditing procedures will be enforced in government departments to ensure money is spent according to plans and no

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Financial security to be stepped up

Renewed efforts to combat financial crime and protect public money were vowed yesterday by the Premier and Crown Prince. Prime Minister Shaikh Khalifa bin Salman Al Khalifa and Crown Prince and Economic Development Board chairman Shaikh Sa

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