In the tender of OJSC International Bank of Azerbaijan (IBA) for the audit of the consolidated financial statements of the bank, including its four subsidiaries in the first half and for the entire 2015, Deloitte & Touche has won. The information was released not by the parties themselves, but by the state regulatory body.
According to the State Procurement Agency, the contract between the parties amounts to 395 thousand manats. The date of conclusion of the contract has not been reported.
Financial audit of the IBA for 2014 was also implemented by Deloitte & Touche. Then the parties agreed on the cost of services at 306.8 thousand manats.
The bank, contrary to the requirements of the legislation, has not announced its financial statements for the first half of 2015. --08D
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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