The Audit Chamber of the Kyrgyz Republic has completed an audit of the execution of the republican budget and the economic activities of the Ministry of Transport and Communications, its structural subdivisions, and subordinate institutions for the year 2024. This information was announced by the department's press service.
As a result of the audit, financial violations totaling 2,251.5 million soms were identified. Of this amount, 2,081.1 million soms are subject to recovery, while during the audit activities, 1,668.4 million soms were returned. The majority of the recovered funds, specifically 1,667.2 million soms, were settled through accounting, while 1.2 million soms were received in cash into the budget. These figures highlight both the effectiveness of the audit conducted and the need to address the identified issues.
The main violations relate to non-compliance with legislation regarding the recognition, accounting, and depreciation of fixed assets, which totaled 1,768.7 million soms. The reasons for this included delays in capitalizing costs, including capital repairs. This situation creates risks of distorting the actual value of assets and reduces the reliability of financial reporting.
It was also established that the Ministry did not take necessary measures to collect payments, penalties, and fines, which led to violations amounting to 245.6 million soms. Although penalties were imposed on contractors for untimely completion of work according to contracts, the lack of control proved to be critical.
Furthermore, the audit confirmed the existence of excessive salary and other compensation expenses for employees amounting to 150.2 million soms, which was caused by the incorrect application of regulatory legal acts and internal documentation.
In the area of capital investments and construction work, serious violations totaling 61.1 million soms were also identified. In particular, for some projects, the volumes of work were unjustifiably inflated by 22.6 million soms, and defects in the completed work amounted to 38.4 million soms.
Additionally, auditors discovered procedural violations in public procurement, as well as in the process of forming and approving the list of investment projects funded from the republican budget. This underscores the need to enhance accountability in making strategic decisions that affect the development of the sector.
As a result of the audit, written directives and recommendations were sent to the relevant government agencies to address the identified deficiencies and fully recover damages, as well as to prevent similar cases in the future. It is also emphasized that the identified facts should be assessed from a legal standpoint, and the issue of accountability of officials should be considered in accordance with established procedures.
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