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MENA: Procurement activities of state-owned enterprises need to be more transparent - Vimarsana News

MENA: Procurement activities of state-owned enterprises need to be more transparent

Across the MENA region, state-owned enterprises (SOEs) play a major role in countries’ economies and in the delivery of essential services to the public. As a result of a comprehensive desk review, it was observed that some SOEs operate as monopolies in key sectors, while other SOEs operate in a competitive environment. In both scenarios, SOEs are major procurers of goods, works, and services, while also implementing contracts awarded to them by public purchasers.

Role of accountability in good governance - Vimarsana News

Role of accountability in good governance

In the modern world, good governance is accorded the highest priority in both corporate and public sectors

The BETAMAX Case: The Aftermath - Litigation, Mediation & Arbitration - Vimarsana News

The BETAMAX Case: The Aftermath - Litigation, Mediation & Arbitration

Betamax applied to the Judicial Committee of the Privy Council (the Privy Council) against the decision of the Supreme Court of Mauritius. The Supreme Court had allowed the appeal of the then appellant, State Trading Corporation ( STC) and the arbitral award made by the arbitral tribunal to the then respondent, Betamax was dismissed as summarised in Appleby's Mauritius Newsletter August 2019, here. The decision of the Board of the Privy Council dated 14 June 2021 in this Appeal is most certainly welcomed within the International Arbitration community. The Board has ruled in favour of Betamax...

Source: mondaq.com
NPA saga: PDP wants Amaechi, Hadiza sacked, prosecuted - Vimarsana News

NPA saga: PDP wants Amaechi, Hadiza sacked, prosecuted

Some analysts were of the opinion that an administrative will amount to a waste of time, insisting that even the composition leaves much to be desired. The minority caucus in the House of Representatives agreed with this observation, saying the Economic and Financial Crimes Commission (EFCC) must do its work of unravelling financial malfeasance in government instead of allowing the political class to reduce a serious financial misconduct to the normal ritual of setting up a committee that will not lead to anywhere. Amaechi, Hadiza must come out clean The PDP in a statement by its spokesman, K...

Breaking News | Breaking News EFCC receives petition to investigate Hadiza Bala-Usman of massive corruption, maladministration at NPA - Vimarsana News

Breaking News | Breaking News EFCC receives petition to investigate Hadiza Bala-Usman of massive corruption, maladministration at NPA

Signed by Comrade Olayiwole Oke, Comrade Charles Dike and Comrade Musa Yola, the petition submitted to the EFCC copied the Chairman of the agency, several line directors and media organizations across the country. In the petition sighted by The Street Journal, Mrs. Bala-Usman who oversaw activities of the NPA for the past five years was accused of awarding cargo surveys contracts to unqualified companies and to self through her brother, Attahiru, and acolytes for 10 years. She was also accused of maladministration and high-handedness where she took drastic decisions which her subjects dared n...