Paphos gets clean bill of health after audit on major projects
Paphos municipality has successfully passed an audit examining the implementation of co-financed projects in the town, it announced on Tuesday. “Paphos municipality is fully satisfied...
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CCB audit hampered, findings possibly flawed, auditor says
Auditing the Central Co-operative Bank (CCB) was exceptionally difficult because the audit service’s access was restricted and there was a possibility that its findings would...
EU Commission to ask for drastic changes in co-ops, Georgiades says
By Stelios Orphanides Finance minister Harris Georgiades said that the European Commission is likely to demand an immediate and drastic change of course of the...
Taking away audit chief’s power to look at co-ops would be a step back, MPs hear
Approval by parliament of a proposal to take away the auditor-general’s power to scrutinise co-op banks would be a regression in terms of transparency and...
After stormy week, Thoc audit proceeds smoothly
The audit of documents relating to the production of Sophocles’ tragedy Antigone which included a controversial performance in the north has begun smoothly, Auditor-General...
Audit boss threatens to set AG on Thoc
Auditor-general Odysseas Michaelides warned the Cyprus Theatre Organisation (Thoc) on Thursday that if it refuses to handover by Friday documents concerning all performances of Sophocles’ Antigone,...
Moves to remove co-op central bank from auditor-general’s remit
The attorney-general will be asked to weigh in – again – on whether the Co-operative Central Bank (CCB) falls within the remit of the Audit...
UN audit identifies serious lapses linked to alleged bribery
By Louis Charbonneau, Nate Raymond and Michelle Nichols UNITED NATIONS, April 3 (Reuters Exclusive) – The United Nations’ internal investigations office has uncovered serious lapses...
Co-op case ‘one of the most serious under investigation’ police say (Updated)
By Angelos Anastasiou The case of irregular loans granted by the now-defunct Ayia Fyla Cooperative Savings bank is one of the most serious under investigation...