Tax revenues surge but arrears remain high
Overall tax revenues have risen considerably over the last few years, although tax arrears continue to be high, MPs heard on Thursday.
The House audit committee was discussing the auditor-general’...
Audit probe reveals student grant irregularities in 2023
An audit office investigation into student grants awarded in 2023 uncovered multiple irregularities, including grants being awarded for longer than permitted, amounts being “gifted” without legal basis, and applications being accepted ...
Parties defend themselves over audit office report
Three of Cyprus’ political parties mentioned in a report written by the audit office which highlighted financial irregularities in their operations defended themselves on Thursday.
Akel were one of the ...
Audit report reveals political parties’ financial irregularities
A report unveiled by the audit office on Tuesday revealed financial irregularities among all seven political parties which are represented in Cyprus’ parliament.
The report was based on the last ...
Focus on health ministry’s shortcomings in new report
The health ministry continues to be plagued by flaws in its way of doing business and keeping accounts, with waste of taxpayer money, the Audit Office has found.
In a ...
Olympic Committee says will correct irregularities shown in audit report
The Olympic Committee said on Tuesday it will correct irregularities and heed the observations of the audit service, which found overspending and conflict of interest, among others, in a probe ...
Audit report finds overspending, conflict of interests at Olympic Committee
Seemingly unnecessarily, the state-funded Cyprus Olympic Committee spent over €8,000 on consultants in 2018 for the preparation of a letter responding to the audit service, and close to €18,000 to improve its 20-staff ...