Directorate of Al-Adan and Al-Qusour Cooperative Society has been disbanded by the Minister.
Straight-Up Scoop:
Dr. Amthal Al-Huwailah, the Minister of Social Affairs, Family, and Childhood Affairs, has given the boot to the board of directors at the Al-Adan and Al-Qusour Cooperative Society. The decision, made public by Al Jarida, follows a thorough audit and investigation spurred by Administrative Decision No. 777/2025[2].
Turns out, the investigation unveiled some shady doings—big enough to demand the prompt dismissal of the board. Without revealing the nitty-gritty, the audit report's findings proved damning enough to warrant such drastic action[3].
Stepping in to clean up the mess is Dhari Al Dhafiri, appointed as interim director. He's got the reins effective immediately and a one-year tenure, or until fresh blood takes over, whichever comes first. Part of the task? Getting the outgoing board to hand over all the goods—docs, files, cash, and records—in seven days flat[4].
The Ministry's clear message: protect shareholders' funds and uphold ethical cooperative governance.seems they ain't playing games[5]. In the grand scheme, safeguarding the transparency and integrity of cooperative performance tops their list of priorities[6]. Says a lot about their no-nonsense stance, doesn't it?
- The Ministry, in light of the recent dismissal of the Al-Adan and Al-Qusour Cooperative Society's board, seems to prioritize the finance and business aspects of the industry, showing no tolerance for unethical practices.
- In the business world, the Ministry is making it clear that protecting shareholders' funds, maintaining transparency, and ensuring ethical governance in the cooperative industry is of the utmost importance.
