The Ministry of Community Affairs and Development represented by the Cooperatives Sector continues to look into the files of cooperative societies following discoveries of financial and administrative violations.<\/p>\n
Senior sources told a local Arabic daily the violations include profiteering, monopoly and infringements on public money in some cooperatives and manipulations in recruitment of workers.<\/p>\n
Citing an example, the cooperatives sector said it received on May 18 a report on the accounts of the Abu Fatira Cooperative Society from a committee that was formed to review the business and accounts. The report concluded that there were 39 financial and administrative violations and suspicions of profiteering, monopoly and disbursement of public funds without formal approvals.<\/p>\n
According to the report, the financial violations observed by the coops sector involves about 434,000 dinars, distributed over expenditures or contracts that were signed without official approvals or suspicions of profit and monopoly in exchange for some benefits.<\/p>\n
The report pointed out that the committee revealed a lack of commitment to the staff and work contracts concluded with the employees in the association, as there was a difference in the work contract and the salary transferred to the employee from the association, which causes damage to the association in the event of a labor lawsuit filed against it, as the differences between work permits and salaries Transferred up to 5300 dinars per month.<\/p>\n
The report added it was noticed that there marginal workers were hired in some sections of the association in numbers that exceed the needs of the departments, especially the shareholders, purchases, receiving departments in addition to waste of additional spending on employees.<\/p>\n
It was noted that there was a deficit or purchase invoices were tampered with in the amount of 468 thousand dinars, in addition to the suspicion of manipulations in the point-of-sale data for some companies and a difference in the electronic clearance of some suppliers.<\/p>\n
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The Ministry of Community Affairs and Development represented by the Cooperatives Sector continues to look into the files of cooperative societies following discoveries of financial and administrative violations. Senior sources told a local Arabic daily the violations include profiteering, monopoly and infringements on public money in some cooperatives and manipulations in recruitment of workers. Citing […]<\/p>\n","protected":false},"author":10,"featured_media":96952,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,18],"tags":[],"class_list":["post-96949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local"],"yoast_head":"\n