Moldovan Court of Accounts hears financial situations of Autonomous Territorial Unit of Gagauzia for 2016-2017

Chisinau, 23 July /MOLDPRES/ - The Court of Accounts (CCRM) has discovered irregularities in the management of public patrimony by the Autonomous Territorial Unit of Gagauzia (UTA Gagauz-Yeri) for 2016-2017. These irregularities will be included in an audit report, considered by the CCRM members today.    

Thus, the Court found out, in particular, that the non-registration in the financial accounting of lands managed by the UTA Gagauz-Yeri’s executive committee had triggered a significant distortion of the financial situations.  

At the same time, under the report, in 2016, the Gagauz executive committee bought two buildings and the ground nearby them without providing a fair accounting of the concerned ground, and thus the data covered in financial reports were falsified.   

According to the audit evidence accumulated, the executive committee of UTA Gagauz Yeri has stocks in the registered share capital of nine joint stock companies. Nevertheless, inscriptions on this fact are lacking in the consolidated financial reports, which shows that no financial accounting was made on the value of the concerned shares and they were not reported.  

CCRM also said that a debt of the Gagauz-Yeri’s executive committee for a loan borrowed from the Finance Ministry had not been recorded in the financial accounting, in line with the legal provisions. Irregular spending was triggered also by the non-notification by the State Chancellery of the staff of some institutions, which is not provided for in the legal framework of Moldova for UTA Gagauz-Yeri.   

According to the audit, the leadership of the executive committee has not issued good governance declarations for 2016 and 2017.  

(Reporter N. Sandu, editor M. Jantovan)