Auditor finds minor breaches in FNC budgets


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ABU DHABI // The FNC, which has scrutinised the budgets of ministries and federal authorities, has broken budget rules itself, State Audit reports revealed yesterday.

But all of the breaches were minor, the report showed.

It revealed that the council carried costs from the year 2011 into its 2012 fiscal year.

These included Dh131,095 spent changing cameras in the council, Dh50,000 on education fees for children of staff, Dh125,000 to maintain the council's gardens, and Dh178,452 for electricity for the final quarter of 2011.

The UAE Audit Institute urged the council to comply with budget rules and not to carry over spending to the following year. The council agreed with the audit institute.

"The response of the council is that it supports the pressing need to respect the yearly budget, but sometimes faces difficulty in implementing this," the FNC said.

Education expenses were claimed late because the academic year spilled into last year, the members said.

They said that because they had paid the gardening bills for 2010 in 2011, they did the same the following year.

Electricity bills were paid late because there were no statements. The council said members tried to call the authority directly but to no avail.

The FNC speaker, Mohammed Al Murr, said the breaches were small and other ministries committed the same errors regularly. Mr Al Murr added that the council would work on them.

The audit also criticised the council for giving false revenue figures, and asked that the numbers be adjusted. The council agreed to comply.

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

If you go…

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Emirati citizens are among 67 nationalities who do not require a visa to Mexico. Entry is granted on arrival for stays of up to 180 days. 

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