“The Representatives’ Finance” discusses “accounting” explanations regarding the Aqaba Development and Nuclear Electricity Companies

Posted on Sunday, 19 June 2022 19:37

side of the meeting

Al-Madina News: – The Parliamentary Finance Committee discussed the explanations and violations related to the Aqaba Development Company and the Jordanian Nuclear Electricity Company within the framework of the discussion of the Audit Bureau’s reports for the years 2018, 2019 and 2020 .

This took place during two separate meetings held today, Sunday, by the committee, chaired by the representative engineer Muhammad Al-Saudi and in the presence of the chairman of the Aqaba Development Company Hussein Al-Safadi, the chairman of the Atomic Energy Commission, dr. General of the Diwan for Technical Affairs, Dr Bilal Okasha.

Al-Saudi said the committee had continued in its first meeting to discuss explanations related to the Aqaba Development Company, which focused on administrative and financial matters.

The violations were also related to the exchange documents and the decisions of the board of directors to pay out sums of money and tax the company with expenses and expenses of other parties that are not related to the goals and objectives of the company, or to decisions to spend from the budget of a previous year, as the transgressions included the payment of rewards and incentives in large sums without the existence of bases and criteria governing the payment of these rewards.

In addition to breaches of sales and development agreements (land sales), partnership, lease and investment agreements, tenders, financial analysis, revenue, sales and leases.

The committee called for an organizational structure for the company to be prepared to address distortions, ensure that such violations are not repeated, and strengthen internal control.

It also called on the Aqaba Development Company not to enforce any decisions of the Aqaba Special Economic Zone Authority and to cancel previous decisions, pointing out that these decisions lead to overlap in the powers and tasks between the company and the government.

The committee recommended that the file of the purchase of shares by the Aqaba Development Company in one of the companies be referred to the Integrity and Anti-Corruption Commission and work to liquidate it due to the extent of the accumulated losses and the futility of its exist. .

And the audit of the Audit Bureau for the year 2019 showed that the Aqaba Development Company’s general meeting decided to approve the decision of the board of directors related to the purchase of all shares held by a shareholder in a company owned for the development of investment markets, a private limited shareholding, with a value of 995 thousand dinars.

The explanation indicated that the company has a loan balance of 3,065,082 dinars and accumulated losses of a total of 1,378,914 dinars, without demonstrating the feasibility of this operation.

In turn, Al-Safadi stressed that the new administration is concerned with the closure of all files related to the Audit Bureau for the past few years and is working to address it, pointing out that more than 63% of the explanations given received, rectified, and the rest will be fully settled and work within a clear policy without committing transgressions.Putting the interest of the country and the citizen among the priorities of work.

With regard to the tender for the works of the car park, Al-Safadi indicated that a committee had been set up to audit and investigate all the procedures that had taken place on the bid, and to hold the responsibility of those responsible for the to determine violations that have occurred, whether in the design or implementation stage, and to provide the results of the committee to the Bureau.

Al-Safadi also undertook to work immediately to prepare an organizational structure for the company that would rectify any shortcomings in this regard.

In turn, the delegates: Omar Al-Naber, Suleiman Abu Yahya, Dirar Al-Harasis, Asma Al-Rawahneh, Hayel Ayyash, Ahmed Al-Qatawneh, Abdul Rahim Al-Maayeh and Muhammad Abu Sa’ilek stressed the need to preserves public money and works to take the necessary measures to address the transgressions received and to rectify all observations, emphasizing that public money does not fall through prescription and should be held accountable to all who insult him.

With regard to administrative and financial violations, the Finance Committee recommended the recovery of the amounts unduly paid according to the rules.

With regard to sales and development agreements (land sales) and partnership, Parliamentary Finance recommended the formation of a joint committee of the Audit Bureau and the Aqaba Development Company to review and study the agreements and submit a detailed report to the appropriate decide in this regard.

The committee also recommended giving specific deadlines to rectify the violations and treat them according to the rules and follow up on the violations by forming committees between the department and the Audit Bureau, while some explanations remained pending until corrected.

In addition, the committee discussed the violations related to the Jordanian Nuclear Electricity Company, related to the establishment and activity of the company, the decisions of the board, administrative affairs, employees, financial affairs and tenders (field study tender, field study tender , consulting services contract tender).

According to the audit bureau report, the establishment of the company came to implement the terms of the agreement signed in March 2015 between the Jordanian and Russian governments, allowing the company to implement the first phase of the project (the development) could work. phase) and in the event that it has moved to the second phase / investment (construction and operation) The Russian side or any other investor identified during the development stage by buying a stake in this company according to its share in the ownership of the project, so that the company owns and operates the nuclear power plant project.

The Audit Bureau’s explanation indicated that, according to the Prime Minister’s letter, a committee was formed headed by a representative of the Ministry of Finance and the membership of representatives of the relevant authorities to review the studies and works submitted to the company has been entrusted and its expiration. dates, as the company was later placed under liquidation and the case is still under follow-up.

During the meeting, there was a wide discussion among the attendees about all the items mentioned in the clarification, as the attendees raised a number of questions related to the liquidation of the company, the value of the assets before and after the liquidation, and the number of cases brought by the employees against the company.

Toukan, in turn, reviewed the phases the company went through in terms of its establishment and its activities, emphasizing that each dinar was spent in its place at the station and was according to the rules and according to the principles and standards.

The representatives of the Ministry of Finance in turn indicated to the members of the liquidation committee that the committee has finalized all matters and observations regarding the company with the relevant authorities, but there are 8 cases that are in the courts and we can does not close the company’s door until after a final court ruling on them has been issued.

Majali said as long as the company is under liquidation, it relies on the relevant liquidation committee in this regard.


Leave a Comment