Galfar Engineering dismisses rumours of financial misappropriation

Energy Sunday 15/September/2019 14:20 PM
By: Times News Service
Galfar Engineering dismisses rumours of financial misappropriation

Muscat: Dismissing rumours of financial misappropriation, Galfar Engineering and Construction released a statement denying all reports ‘false’ claims circulating on social media.

"No money has been misappropriated from the Company", Galfar said in its statement.

In an official statement, the company said, "Referring to the news circulated in the social media since 12 September with regard to the news that an employee of Galfar misappropriated OMR4 million, we would like to clarify that this news is not true. No money has been misappropriated from the Company."

"However, an anonymous whistle-blower had informed the company about suspected fraud perpetrated by an ex-employee of the company with other third parties, which is now under investigation by the public Prosecution, the current internal legal and management view is that there is no liability to the company in regard to this matter. "

"With regard to delayed salary payment, we would like to inform you that, it is primarily due to the prolonged payments of the company's overdue payments by its big clients for very long period and the company is committed to pay all salaries during next week,” the statement added.