JSC Agrolizing under the gun of the Accounting Chamber

At a meeting of the Accounting Chamber of Azerbaijan on May 25 were approved test results of the targeted use of state capital investments allocated to JSC Agrolizing.

According to official data, the audit materials were submitted to the Milli Majlis and the Prosecutor General. The Open Joint Stock Company revealed the facts of misuse of state property and budget spending, failure to budgetary obligations, overstating the amount of work, evasion of accounts receivable, and other financial irregularities.

In addition, the Chamber decided to hold checks in the Barda district center of the Social Welfare State Service under the Ministry of Labor and Social Protection of the Population and in the Territorial tax office number 11, the Ministry of Taxes.

The Chamber will also examine the use of prediction and the budget allocated for the maintenance of the State Archives Administration of the Nakhchivan Autonomous Republic (NAR) and the Center for Rehabilitation of NAR.

Recall that after the verification of Agrolizing held earlier, in October last year was arrested the head of one of the branches. The Chairman of the company, Ali Bayramov wrote on May 21 his resignation due to the deteriorating health (eye problem) and the need for treatment abroad. The next day he flew to Turkey freely. But the chairman of the NGO Election Monitoring Center Anar Mammadli, who had not received a penny from the budget, was imprisoned for 5.5 years for non-payment of taxes.

JSC Agrolizing is part of the Ministry of Agriculture of Azerbaijan.

The Accounting Chamber of Azerbaijan, as a rule, is limited to generalities about the board meeting, without giving specific figures or data. According to Article 6.0.3 of the Law of the Republic of Azerbaijan "On receiving information" ("Basic Principles of information "), the disclosure of budget revenues and expenditures is the responsibility of government agencies, including the Chamber of Accounts. - 17D-

Leave a review

Economics

Follow us on social networks

News Line