News

Dysfunctional Internal Audit and Lack of Auditors - Achilles' Heel of State Institutions

Bratislava, October 22, 2021 - Internal audit mechanisms are inefficient and ineffective. Employees lack experience in setting up an internal audit system. There is also a risk of a lack of...

ECA: EU policies are unable to ensure farmers don’t overuse water

EU policies are unable to ensure farmers use water sustainably, according to a special report published today by the European Court of Auditors (ECA). The impact of agriculture on water resources...

The Most Frequent Findings of Auditors: Missing Strategies and Non-functional Internal Control System

Bratislava, October 15, 2021 - The President of the Supreme Audit Office of the Slovak Republic (SAO), Karol Mitrík, informed the top three constitutional officials on the purchase of F-16...

ECA: EU support for reforms in Ukraine ineffective in fighting grand corruption

Grand corruption and state capture are still widespread in Ukraine despite EU action, according to a special report published by the European Court of Auditors (ECA). The EU has been trying to...

ECA: EU not doing enough to stimulate sustainable investments

The transition to a net-zero emission economy will require significant private and public investment, but the EU is not doing enough to channel money into sustainable activities. That is the...

We Are Losing Millions of Euros Due to Irregularities In the Construction of Motorways

Bratislava, October 8, 2021 - The public procurement process in the Narodna dialnicna spolocnost (NDS - meaning: National Motorway Company) was not set transparently in 2019 and 2020 and did not...

ECA: Surveillance of Member States after financial assistance appropriate, but needs streamlining

The European Commission checks whether euro-area Member States exiting a macroeconomic adjustment programme remain firmly on track, in the interest of the Member States themselves and that of...

ECA: Inefficiencies in cooperation with non-EU countries in returning irregular migrants

The EU’s cooperation with non-EU countries has not been efficient in ensuring that migrants illegally present on EU territory return to their own countries, according to a special report...

Money to Support Sports From the Government or Prime Minister's Reserve Was Allocated Non-transparently

Bratislava, September 10, 2021 - The Supreme Audit Office (SAO) carried out an audit of the Ministry of Finance and the Office of the Government on the transparency of allocation of funds for the...

Slovakia Significantly Lags In the Modernisation of National or European Railway Corridors

Bratislava, 1 October 2021 – In the last twenty years, state institutions have not met one of the 22 measurable objectives defined in the strategies to modernise the main national railway...