December 22, 2024
Auditors discovered financial violations of 120 million at the competitor UZ thumbnail
Economy

Auditors discovered financial violations of 120 million at the competitor UZ

Inefficient management at PJSC “Kyiv-Dniprovsk interbranch enterprise of industrial railway transport” – a leading company in the segment of the industrial cargo transportation market – led to financial violations of more than UAH 120 million.”, — write: epravda.com.ua

Inefficient management at PJSC “Kyiv-Dniprovsk interbranch enterprise of industrial railway transport” – a leading company in the segment of the industrial cargo transportation market – led to financial violations of more than UAH 120 million. This is reported by the State Audit Service. The audit revealed that Kyiv-Dniprovsk MPPZT did not receive about UAH 20 million in revenue as a result of providing unjustified discounts for transport services to private enterprises. Also, the company additionally paid almost UAH 40 million in land tax due to the failure to register land plots. Advertisement: In addition, the delay in the preparation of documents for 169 land plots (with a total area of ​​225 hectares) creates risks of their loss due to possible illegal alienation of assets, expropriation or raiding. As stated in the message, another UAH 5 million of income was not received by the Kyiv-Dniprovskoye MPPZT due to non-use of a significant number of freight cars in economic activity for six years. During the audit, the facts of non-execution of signed, accepted and paid repair works by contracting organizations and overestimation of the cost of repair works by almost UAH 8 million were revealed. Advertising: It was also revealed that the management of the company concluded contracts for the provision of services contrary to the interests of the company, which led to additional expenses related to the payment of fines and court fees for almost 13 million hryvnias. The audit materials were handed over to law enforcement agencies. We will remind: PJSC “Kyiv-Dniprovske MPPPZT” provides transport services for the transportation of goods from railway stations adjacent to unloading and loading fronts, for shunting work, for loading and unloading works, services for construction and modernization of railway infrastructure, etc. Takes second place after Ukrzaliznytsia in the segment of the industrial cargo transportation market.

Related posts

S&P downgraded UZ after a proposal to delay payments on Eurobonds

pravda.com.ua

Europe has fulfilled only half of its promised commitments to aid Ukraine – Bloomberg columnist

unn

Ukraine can win the economic war against Russia, – The Economist

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More