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Mazad set to handle bankruptcy auctions

Bahrain News
Mon, 29 Oct 2018


ASSETS, properties and equipment of individuals and companies declared bankrupt will be handled by Bahrain’s government auctions company. Justice, Islamic Affairs and Endowment Minister Shaikh Khalid bin Ali Al Khalifa revealed during a debate on the ‘Future Aspirations: 2019-2022’ at the Government Forum 2018 that all auctions would from now on be handled by Mazad, which was formed by Bahrain Mumtalakat Holding Company in April 2017.

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