Hamid bin Rashed enacts law on Ajman Audit Bureau
His Highness Sheikh Hamid bin Rashed Al Nuaimi, Ruler of Ajman, issued Law No. 6 of 2026 establishing the Ajman Accountability Agency as the supreme body for financial and administrative oversight in the emirate. The law aims to promote integrity, transparency, safeguard public funds, and combat financial and administrative corruption. The agency enjoys financial and administrative independence and reports directly to the ruler. It is headed by a president, who is His Highness Sheikh Ammar bin Humaid Al Nuaimi, and a general director appointed by a decree. The agency is responsible for auditing financial statements, evaluating control systems, and investigating corruption reports. The law grants the agency broad powers, including access to data and premises. It applies to all government entities and public institutions in which the government owns at least 25% of shares. The law also includes measures to enhance integrity, protect whistleblowers, and reduce penalties for those assisting in recovering public funds. It abrogates a previous decree concerning the financial oversight body and takes effect upon its promulgation.
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