The 2023 financial audit at the Ministry of Infrastructure and Regional Development has uncovered several key irregularities. These are indicated in the report presented by the Court of Accounts during a meeting of the Public Financial Control Committee, IPN reports.
Among the findings is the overvaluation of information on buildings and transmission facilities, totaling about 800 million lei, due to the delayed process of transfer of assets and capital repair works.
Also, undervaluations were found in the accounting records related to state-owned real estate and national roads, and some expenditures were incorrectly reported as current rather than capital expenditure.
One of the most serious findings related to railway infrastructure and related land, which are not reflected in MIDR's accounting records, and funds allocated for the rehabilitation of a railway line, amounting to 60 million lei, were incorrectly invested in state securities instead of being used for rehabilitation.
The report also emphasized corrective measures, implemented by MIDR during the audit, such as updating the accounting records for some assets and transferring the assets to the appropriate beneficiaries. However, the Court found that of the 10 recommendations issued, only 30 percent have been fully implemented by the ministry.
The Court recommended the MIDR to take further steps to remedy the shortcomings and ensure efficient and transparent management of public finances.