Massive Financial Irregularities in State Committee for Land and Cartography
The audit revealed numerous cases of embezzlement and other irregularities in the abolished State Committee for Land and Cartography.
According to the report of the Accounting Chamber of Azerbaijan dated February 5, following a meeting of the Board, all materials were sent to law enforcement agencies, as well as to the Milli Majlis.
According to the site, the chief guardian of the public budget also intends to conduct an audit of the Executive Power of Beylagan and housing and communal services enterprises, departments and organizations in the balance sheet of the Executive Power of Tovuz for the use of funds allocated from the state budget as part of the state capital investments and reserves.
The Accounting Chamber of Azerbaijan, accountable to the country's parliament, has been effective since December 7, 2001 as the authority controlling the flow of budgetary funds in AR.
Senior officials (members of the Bar, which consists of the chairman, his deputy and seven auditors) are elected every 7 years.
This structure is usually limited to generalities about the board meeting, without giving specific figures and data. According to Article 6.0.3 of the Law of AR "On receipt of information" ("Basic principles of information"), disclosure of budget revenues and expenditures is the responsibility of government agencies, including the Chamber of Accounts.
President Ilham Aliyev signed a decree on the elimination of the State Committee for Land and Cartography. The functions of the liquidated Committee are divided between the State Committee on Property Issues, the Ministry of Ecology and Natural Resources and the State Border Service. This is on the website of the President of Azerbaijan.--17D
-
- Culture
- 6 February 2015 16:24
Economics
-
Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
-
Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
-
Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
-
The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
Leave a review