AMMAN — The Lower House Economy and Investment
Committee decided to refer the Governorates Development Fund (GDF)
project-based funding file to Jordan Integrity and Anti-Corruption Commission (JIACC) over corruption suspicions.
The decision came
during a committee meeting held Sunday, headed by MP Khair Abu Sa’ilek, during
which the GDF’s performance was discussed, according to the Jordan News Agency,
Petra.
After reviewing
the GDF-funded projects, the committee found that the amounts paid back by
borrowers are “very low,” compared to expenditures, which led to losses in the
fund’s money, Abu Sa’ilek pointed out.
The committee,
he said, will submit a letter to the House Speaker detailing all GDF-funded
projects, whether shut down, operating or under implementation, in addition to
a recommendation to refer the fund’s file to JIACC for further investigation to
take appropriate action in this regard.
Abu Sa’ilek said
preserving public money is “a priority” for the committee, stressing the importance
of “thoroughly” reviewing the GDF’s funding mechanism and laying criteria to
identify project feasibility, which would have a “positive” social and economic
impact on creating job opportunities for Jordanians.
Read more National news
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AMMAN — The Lower House Economy and Investment
Committee decided to refer the Governorates Development Fund (GDF)
project-based funding file to
Jordan Integrity and Anti-Corruption Commission (JIACC) over corruption suspicions.
The decision came
during a committee meeting held Sunday, headed by MP Khair Abu Sa’ilek, during
which the GDF’s performance was discussed, according to the Jordan News Agency,
Petra.
After reviewing
the GDF-funded projects, the committee found that the amounts paid back by
borrowers are “very low,” compared to expenditures, which led to losses in the
fund’s money, Abu Sa’ilek pointed out.
The committee,
he said, will submit a letter to the
House Speaker detailing all GDF-funded
projects, whether shut down, operating or under implementation, in addition to
a recommendation to refer the fund’s file to JIACC for further investigation to
take appropriate action in this regard.
Abu Sa’ilek said
preserving public money is “a priority” for the committee, stressing the importance
of “thoroughly” reviewing the GDF’s funding mechanism and laying criteria to
identify project feasibility, which would have a “positive” social and economic
impact on creating job opportunities for Jordanians.
Read more National news
