Albania's audit office finds EUR 7.2mn of financial irregularities in H1 2012.

By bne IntelliNews September 21, 2012
Albania's audit office uncovered financial irregularities amounting to ALL 51bn (EUR 7.2bn) following control checks performed in the first six months of 2012, local news agency Lajmeshqip reported. About half of the amount of violations have been discovered in activities of state-owned power utility KESH, which were due to non-collection of bills in 2011. The list of abusers includes also a number of government bodies, including the ministries of tourism and social affairs and the regional directorate of social security in Tirana. Financial irregularities have also been identified in the project for construction of high voltage transmission line linking Tirana with the Montenegrin capital Podgorica, managed by transmission system operator OST.

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