Al-Eqt, 23 July 2024: The Council of Ministers has approved the Oversight and Anti-Corruption Authority Law.

The Authority’s Chairman has stated that the law will contribute to strengthening the role of the Authority in exercising its powers with regard to combating financial and administrative corruption in all its forms and manifestations.

The law will contribute to strengthening the role of the Authority in combating financial and administrative corruption.

It aims to preserve public funds and protect the nation’s capabilities.

Additionally, it ensures that perpetrators of corruption crimes are prosecuted and held accountable as per legal and regulatory requirements.

The law also facilitates the recovery of funds and proceeds resulting from these crimes to the state’s public treasury.

The law affirms the complete independence of the authority and empowers it by granting the necessary powers to exercise its duties, perform its tasks, and consolidate its role with complete impartiality.

He has stated that the system identifies the types of corruption crimes the Authority is responsible for.

These include bribery, assault on public funds, abuse of power, and any other crime classified as a corruption crime under statutory provisions.

The law also outlines the authority’s powers in administrative oversight, investigation and administrative prosecution, safeguarding integrity, promoting transparency, and international cooperation with regional and international bodies and organisations within the authority’s remit.

It covers investigating aspects of financial and administrative corruption, as well as criminal investigation and prosecution.

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