Serbian National Audit Office (DRI) probes for the second time management of state-owned property Reviewed by Momizat on . [caption id="attachment_4357" align="alignnone" width="615"] The preliminary results of the ongoing second audit on state-owned property management already reve [caption id="attachment_4357" align="alignnone" width="615"] The preliminary results of the ongoing second audit on state-owned property management already reve Rating: 0

Serbian National Audit Office (DRI) probes for the second time management of state-owned property

The preliminary results of the ongoing second audit on state-owned property management already revealed that the state failed to introduce uniform records on its property. DRI already established that due to lack of uniform property records resulted in an undervaluation of state-owned property by EUR 13 bln in 2012.

The preliminary results of the ongoing second audit on state-owned property management already revealed that the state failed to introduce uniform records on its property. DRI already established that due to lack of uniform property records resulted in an undervaluation of state-owned property by EUR 13 bln in 2012.

The Serbian National Audit Office (DRI) has initiated a second audit of state-owned property management, the Serbian newswire, Tanjug, reported, Sept. 22.

“This audit should provide us with answers to the questions of responsibility for keeping records and managing properties owned by the Republic of Serbia,” Radoslav Sretenovic, chairman of the DRI, said, as cited by the newswire. “We want to verify whether Serbia has established comprehensive and uniform record keeping of state-owned property, the manner in which competent bodies are managing real estate and whether revenues in this respect can be increased in any way in the future.”

In the statement Sretenovic pointed out that the preliminary results of the ongoing second audit on state-owned property management already revealed that the state failed to introduce uniform records on its property. Sretenovic also added that due to lack of uniform property records resulted in an undervaluation of state-owned property by EUR 13 bln in 2012.

“One of the goals of this audit is to get a comprehensive insight into the facts relating to the state-owned property so as to ensure proper managing of the property owned by the Republic of Serbia,” Sretenovic stated, as cited by the newswire. “This can be achieved by establishing uniform, complete and up-to-date records on the state-owned real estate and its transparent use.”

DRI findings should be known after mid-2015.

Photo courtesy of Covert via LSU Digital Library, Louisiana State Museums Antique Office Photographs.

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