As part of the audit conducted by the Accounts Chamber of the Kyrgyz Republic, the activities of the Ministry of Transport and Communications for the year 2024 were analyzed, including its subdivisions and subordinate enterprises. As a result of the audit, financial violations amounting to 2,251.5 million soms were identified, of which 2,081.1 million soms are subject to recovery. During the audit activities, it was possible to recover 1,668.4 million soms. The majority of the recovered funds (1,667.2 million soms) were settled through accounting, while 1.2 million soms returned to the budget in cash.
The most significant violations relate to the non-application of legislation regulating the recognition and accounting of fixed assets, as well as depreciation. The total amount of these violations was 1,768.7 million soms, which is associated, among other things, with delays in capitalizing costs, including for capital repairs. This situation creates risks of asset value distortion and reduces the reliability of financial reporting.
Additionally, it was established that necessary measures were not taken to collect payments and fines, leading to violations amounting to 245.6 million soms. Although contractors were fined for untimely completion of work, the control mechanisms proved to be insufficient.
The audit also revealed excessive salary and other compensation expenses for employees amounting to 150.2 million soms, which occurred due to the incorrect application of legal norms and internal regulations.
Serious violations were found in the use of budget funds for capital investments and construction works, with a total amount of 61.1 million soms. In particular, at some sites, the volumes of construction and repair work were unjustifiably inflated by 22.6 million soms, and defects in the completed work amounted to 38.4 million soms.
Furthermore, auditors noted procedural violations in public procurement and deficiencies in the formation of investment projects financed from the republican budget, as well as issues with the financing of the Road Fund.
As a result of the audit, recommendations and directives were sent to the relevant state authorities to rectify the deficiencies, fully recover damages, and prevent similar cases in the future. It was also indicated that the identified violations are subject to legal assessment, and the issue of accountability of officials should be considered in accordance with established procedures.
