The Public Prosecution has ordered the detention of a former director of the Housing Company for Tourism and Hotel Investments, a subsidiary of the Long-Term Investment Portfolio, on charges of squandering $15 million of the company’s funds.
The Deputy Prosecutor at the Public Prosecutor’s Office followed up on the results of the audit conducted by the Audit Bureau on the company’s activities in the Kingdom of Jordan, where the investigation into financial regularity revealed irregularities that resulted in the squandering of fifteen million dollars.
Based on the findings of the preliminary investigation, the investigator decided to place the accused in pre-trial detention pending the investigation, to complete the necessary procedures and hold those responsible for the financial violations accountable.