Jordan News | Latest News from Jordan, MENA
July 2 2022 9:15 PM ˚
e-paper Subscribe Sign in My Account Sign out

Three ministers ‘yet to withdraw’ from business activities — Al-Ghad

(Photo: Jordan News)
  • +
  • -
AMMAN — Controversy is still dogging three serving ministers in the Cabinet of Prime Minister Bisher Al-Khasawneh who have to date failed to withdraw from their businesses, Al-Ghad News reported.اضافة اعلان

Constitutional prohibitions prevent ministers from participating in any commercial enterprise, whether publicly traded or private joint stock companies.

Questions related to this prohibition are raised with every government reshuffle or change. Article 44 of the Constitution states: “A minister may not purchase or lease any government property even if from public auction. He may not, during his ministerial tenure, be a member of the board of directors of any company, take part in any commercial or financial enterprise, or receive a salary from any company.”

Anyone who violates the provisions of the article must rectify the situation and submit their resignation from the company or business they are involved with.
Tracking the ownership and membership in businesses of newly appointed ministers in the government, Al-Ghad found three ministers who continue to do business.

According to the records of the Companies Control Department, one minister is a partner in a manufacturing company with a stake of JD37,500 — the company’s registered capital was JD50,000. The company specializes in the manufacture of polystyrene insulation panels, maintenance of concrete structures, and iron ore manufacturing. The company has a registered capital of JD50,000 and borrows funds from banks.

Information from the Companies Control Department also revealed that another minister was still a partner in a trading company with a stake of JD58,333. The company imports and exports all types of vehicles and electrical appliances, parts, and accessories.

Yet another minister was found to be a partner in a private limited joint-stock real estate company. The company’s capital is JD50,000, while the minister’s share amounted to JD5,000. 

Read more National news