Khalifa issues decree restructuring Audit Bureau

Top Stories

Khalifa issues decree restructuring Audit Bureau

President His Highness Shaikh Khalifa bin Zayed Al Nahyan issued a decree on the re-organisation of the Audit Bureau.

By (Wam)

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Thu 28 Jul 2011, 5:40 PM

Last updated: Thu 2 Apr 2015, 6:20 AM

According to the federal law number 8 of the year 2011 on the independence of the Audit Bureau under article 136 of the Constitution on the independence of the audit bureau, the article two of the law, states that the Audit Bureau is the supreme organ of financial control and accountability in the State, and will enjoy body corporate, and financial and administrative autonomy.

The Chairman of the Audit Bureau Board will be in the rank of minister and will be appointed by a federal decree and enjoyed the status of as a minister.

The decree also assigned to the Audit Bureau besides its financial supervision task, the fighting of corruption in the entities under its control to ensure proper management and use of public funds.

The law also empowers the Audit Bureau to exercise accountability measures regarding the staff’s financial actions.

More news from