Nizahat Enhances Awareness Among Cooperative Employees of Conflict of Interest Risks

The lecture, attended by 80 employees from cooperative societies yesterday, Monday, is part of the Authority’s efforts to promote a culture of integrity and transparency, enhance awareness of the risks of conflicts of interest, and clarify the legal regulations governing it, thereby contributing to the protection of public funds and the achievement of the public interest.

During the lecture, Abdulhamid Al-Hammar, Director of the Legal Affairs Department at the Authority, provided an explanation of the concept of conflict of interest, highlighting relevant international legislation and experiences, alongside the provisions of Law No. (1) of 2023 on Preventing Conflicts of Interest and its Executive Regulations. He clarified the key texts and provisions, as well as the mechanisms for their implementation.

Al-Hammar emphasized the importance of raising the level of legal awareness among employees and adhering to prescribed procedures to prevent conflicts of interest, which enhances the integrity and impartiality of professional performance and strengthens trust in institutions.

The session addressed scenarios that may give rise to conflicts of interest, the procedures to be followed when a private interest intersects with professional duties and responsibilities, and the legally mandated disclosure mechanisms, all of which contribute to enhancing the objectivity of decisions and the integrity of institutional operations.

The lecture featured discussions of several practical examples and cases, along with answers to participants’ questions regarding how to identify conflicts of interest and handle them in accordance with the governing legal frameworks.