#audit office

Weaknesses and inadequacies in the way the Insurance Companies Control Service, the finance ministry’s supervisory authority for insurance firms, performed its duties, were highlighted in a report released by ...

Auditor general Odysseas Michaelides on Thursday once again sounded the alarm over deficits of the state health services organisation (Okypy), prompting House watchdog committee president Zacharias Koulias to warn of ...

The audit service on Wednesday vehemently rejected suggestions by an inquiry that it had not done its job properly in 2016 as regards the controversial citizenship-by-investment programme, accusing the panel of ...

The Audit Office has flagged a series of dodgy financial practices at the foreign ministry, among others homing in on one particular employee who showed up for work for about ...

In a further twist to the ‘golden passports’ affair, the Audit Office now plans to report the committee of inquiry – which just delivered its final report – to the European Commission. ...

The government does support the auditor-general but he ought to respect the work of other institutions, President Nicos Anastasiades said on Wednesday. He was commenting on a statement by the ...

The audit office has researched the government’s procurement of rapid tests and said it generally did a good job, considering the urgency of the situation. A total of 3,491,000 rapid ...

The health ministry’s has serious shortcomings in its payment and audit procedures, which leads to waste of taxpayer money, an audit service report said Tuesday, as it listed mistakes ...

The audit office on Friday said it would further investigate the naturalisation of foreign investors approved by the cabinet after last August when stricter regulations had been passed by parliament. ...

The auditor general has referred a case of possible abuse of an EU-sponsored programme to the EU anti-fraud office Olaf following a complaint that a single beneficiary had allegedly bypassed ...

The audit service has recommended reviewing certain key provisions of the film industry promotion scheme and ensuring all checks were carried out before payments were made to ensure production company ...

The Cyprus Symphony Orchestra (CySO) is essentially operating unregulated despite being almost 100 per cent funded by the state, the Audit Office said on Tuesday. In a special report on the ...

Politically exposed persons (PEP) had substantial loan amounts written off or swapped debt for assets of lower value, among others, an audit into the entity that succeeded the former co-op ...

In his report about the deputy ministry for tourism, auditor-general Odysseas Michaelides pointed out that the government had not followed the correct procedures for the leasing of a state-owned seaside ...

The audit office has raised questions over passports granted to investors involved in the Ayia MNapa marina, linking circumstance surrounding the investment to the president’s family. In a report ...

The health ministry denied Thursday that procedures for the fast acquisition of rapid antigen tests were flawed, as the audit service launched a probe into one deal involving 400,000 assays procured ...

The audit office has flagged the leasing of an extensive expanse of state land to an entrepreneur for the purpose of building photovoltaic (PV) parks, noting that the entire process ...

The audit service said it will be probing a decision to raise the remuneration of a four-member panel investigating the citizenship by investment programme from €3,500 each for three months for ...

The audit service called on the authorities to overhaul legislation concerning election expenses after certain contradictory provisions rendered party expenditure during in the run up to the 2018 presidential elections unlawful. ...