site.btaAvtomagistrali To See New Leadership, Undergo Audit
ESD 19:08:01 07-02-2022
DT1904ES.126
126 ECONOMY - AVTOMAGISTRALI - NEW LEADERSHIP
Avtomagistrali To See New Leadership,
Undergo
Audit
Sofia, February 7 (BTA) - The Ministry of Regional Development and Urban Planning has announced a competition for the representatives of the state on the Board of Directors of Avtomagistrali EAD, the ministry said here on Monday. The board of the state-owned construction company comprises five members, the other two being nominated by the Public Enterprises and Control Agency.
Applicants have to present their concepts of the company management for a five-year period and file documents for participation by February 17, 2022.
The present leadership will remain in office until the competition.
Also on Monday, Regional Development and Urban Planning Minister Grozdan Karadjov commissioned an audit of the state-owned company. The in-house audit will be conducted by the ministry's own specialized directorate and will cover the period from the conclusion of the first in-house contracts in 2018 until the end of 2018.
The ministry's auditors will analyze and assess the financial management of Avtomagistrali EAD, and check the implementation of in-house contracts to establish the legality of cost-related managerial decisions.
Last June, the then Regional Development Minister Violeta Komitova dismissed the current leadership after a National Audit Office probe found irregularities and revealed that the company had been making unwarranted advance payments for planned work on the Hemus Motorway. A new interim leadership was appointed and registered in the beginning of July. DS/BR
/DT/
DT1904ES.126
126 ECONOMY - AVTOMAGISTRALI - NEW LEADERSHIP
Avtomagistrali To See New Leadership,
Undergo
Audit
Sofia, February 7 (BTA) - The Ministry of Regional Development and Urban Planning has announced a competition for the representatives of the state on the Board of Directors of Avtomagistrali EAD, the ministry said here on Monday. The board of the state-owned construction company comprises five members, the other two being nominated by the Public Enterprises and Control Agency.
Applicants have to present their concepts of the company management for a five-year period and file documents for participation by February 17, 2022.
The present leadership will remain in office until the competition.
Also on Monday, Regional Development and Urban Planning Minister Grozdan Karadjov commissioned an audit of the state-owned company. The in-house audit will be conducted by the ministry's own specialized directorate and will cover the period from the conclusion of the first in-house contracts in 2018 until the end of 2018.
The ministry's auditors will analyze and assess the financial management of Avtomagistrali EAD, and check the implementation of in-house contracts to establish the legality of cost-related managerial decisions.
Last June, the then Regional Development Minister Violeta Komitova dismissed the current leadership after a National Audit Office probe found irregularities and revealed that the company had been making unwarranted advance payments for planned work on the Hemus Motorway. A new interim leadership was appointed and registered in the beginning of July. DS/BR
/DT/
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