“Ends in the water”: the State Audit Service told how the war helps state-owned enterprises to hide information

02 June 2023, 12:21 | Economy
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The documentation of many Ukrainian enterprises has been destroyed, in particular, there is absolutely no accounting at Ukrtatnafta. At the enterprises, this is explained by the war of Russia in Ukraine. In addition, state-owned enterprises enter into contracts with FLP, which means “ends in the water”. Alla Basalaeva, head of the State Audit Service, stated this in an interview with the Commander-in-Chief..

“Ukrnafta really has a lot of destroyed. They now have a new head restoring accounting and reporting. We generally record the absence of accounting at Ukrtatnafta,” the auditor said..

However, according to her, the check does not end if the company does not have the necessary documents..

“The advantage of audits is that we can always see the counterparty and go to him with questions. If there was a sale, then there should be contracts about this. So we collect information, let them update the documentation, ”says the auditor.

However, a problem arises if enterprises enter into a contract with FLP, because auditors cannot find the location of the entrepreneur - this is prohibited by law..

“And when the Ministry of Defense has a contract with the FLP, then this is all - ends in the water. We can only send a request and wait for a response. At meetings in high offices, I pointed out this problem, ”said Basalaeva.



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