Tue, May 22 2012

Grant Thornton auditors to check into EU operational programmes

Tue, May 13 2008 12:14 CET

byElena Koinova

598 Views

Almost 30 experts from auditing company Grant Thornton will probe into Bulgaria's implementation of European Union operational programmes, the country's Finance Ministry said in a statement, as quoted by Bulgarian news agency BTA.

The investigations, to last between May 19 and the end of June, will focus on the Technical Aid programme, under the authority of the Finance Ministry; Administrative Capacity (Ministry of State Administration); Transport (Ministry of Transport), Regional Development (Ministry of Development and Public Works); Human Resource Development (Ministry of Labour and Social Policy); and Environment (Environment Ministry).

The auditors will be expected to check the compliance of management and control systems with the requirements of applicable regulations, the ministry said. Grant Thornton was commissioned at the request of the Finance Ministry and after a tender called under the Public Procurement Act, according to the statement.

The auditors will be reporting findings to the heads of the authorities overseeing the spending of European financing and the EU funds audit directorate. A final report on the checks is due on July 31, the statement read.

The European Commission will review the report within two months and decide whether to unfreeze funds or issue interim payments, respectively.

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

Road section reconstruction financed by EU funds begins today

The 4.27 million leva reconstructions aim to reduce traffic accidents and improve access to Pernik's distant boroughs

More in this category

Saab awarded $2.4M military training equipment contract in Bulgaria

The funding is provided under the foreign military sales programme of the US army's Program Executive Office of Simulation, Training and Instrumentation.

Two Brits fined for hooliganism in Bulgaria’s Veliko Turnovo

The UK nationals were arrested after throwing beer bottles at people after being refused entry to a restaurant that had closed for the night.

Tourism: Bulgaria to spend 300M leva on restoring castles, ancient sites

Restoration and development projects include Madara Horseman, Arbanassi fortress, Magura cave.

Sovereign Order of Malta assists hospital in Bulgaria’s Iskrets

Simeon Saxe-Coburg and his spouse Margarita opened a new heating and insulation system at the Tsar Ferdinand Hospital for Pulmonary Diseases in Iskrets, a project implemented thanks to the Embassy of the Sovereign Order of Malta in Sofia and the Nando Peretti Foundation.

Bulgarian Parliament passes confiscation act

According to the law's provisions, the commission will have the power to investigate individuals without prior notification and would not require a criminal conviction in order to launch an investigation.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.