MUSCAT: The Central Bank of Oman’s Board of Governors has directed the bank’s executive management to conduct a study on the feasibility of establishing specialised courts in financial disputes in collaboration with other relevant authorities.
According to data from Oman’s Public Prosecution, over 7,000 occurrences of rejected checks were documented in 2021 alone. The number of such cases reached nearly 5,000 in 2020. For years, occurrences of bounced checks have been the most common type of crime in Oman.
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