10-Feb-2010 1:03 PM

Bahraini MP in charge of Gulf Air’s financial inquiry leaves

Bahraini MP, Abdulhaleem Murad, in charge of Gulf Air’s financial inquiry, reportedly stood down from the position after one hour, in a meeting of the Bahraini Parliament, which raised questions regarding the proposal to transfer the ownership of Gulf Air from Bahrain Mumtalakat Holding Company (Mumtalakat) to the Bahraini Government (Gulf Daily News, 10-Feb-2010). The carrier is expected to report an operating loss of USD510 million for 2009. On 08-Feb-2010, the Bahrain Government vowed to ensure Gulf Air continues to be a top priority, after Prime Minister, Prince Khalifa bin Salman Al Khalifa and Crown Prince and Deputy Supreme Commander, Prince Salman bin Hamad Al Khalifa, met to discuss the condition of the airline. The ministers stressed the need to restructure and back the carrier, stating it is a key pillar of the national economy and an iconic aviation symbol in the region.

Bahraini Parliament:After all my services, I am being accused of running things for my own gain. We have become a joke to everyone in this country and if we can't discuss Gulf Air's USD500 million losses, which come from the people's money, in this place, where can we? I am not proud of this institution and will not continue here anymore, I quit,” Abdulhaleem Murad, Bahraini MP. Source: Gulf Daily News, 10-Feb-2010.

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