Maximus
Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Major report to show ’shocking’ misuse of municipality funds

Aug 21, 2014
From wire reports, RIGA

Major report to show ’shocking’ misuse of municipality funds
(photo: twitter)

Latvia’s State Audit Office has said it will release 'shocking financial audit results' on six municipalities later this year.

The office has finished auditing financial statements on six municipalities and will publish the results in the coming two months. Auditor general Elita Krumina said the results were "shocking."

"Municipality leaders believe that it is useful to go on exotic vacations and organize large-scale events," Krumina told Latvian Radio show Krustpunkta.

Research reveals municipalities are still struggling with matters concerning property registration with some municipalities unable to identify which properties they own.

Officials are also incapable of differentiating between private and public funds. Jelgava municipality funds were used on expensive outfits and cosmetics, Krumina revealed, citing one example.

Krumina promised that residents will have easier access to information in regard to municipalities in the future.

 MORE NEWS
  • Dutch warships dock in Estonia...
    Four Dutch warships have docked in Estonia today to carry out joint NATO air exerc...
  • Same sex marriages go against ...
    Latvia will not support recognizing same sex marriages as it goes against Latvian ...
  • President urges home owners to...
    Lithuanians have been urged to donate food as part a country wide campaign to cut ...
  • What would happen if Russia cu...
    The European Commission has urged the Baltic states and Finland to launch an em...
  • IN PICTURES: Latvia records fi...
    Latvia has recorded its first snowfall of the season today.  Light sno...
  • WATCH: Nazi pilot accused of m...
    A musical based on the life of Nazi soldier Herbert Cukurs, accused of murderin...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.