Audit Chamber

Tag: Audit Chamber

State Duma backs extension of Russian Audit Chamber’s powers

The State Duma passed in the third and final reading on Tuesday a bill authorizing Russian Audit Chamber to check subsidiaries of state companies and corporations and other companies receiving federal subsidies.

13:44 14.05.2019

Bill extending powers of Russia’s Audit Chamber reaches State Duma

A bill envisaging broader powers of the Audit Chamber of Russia as to the inspection of commercial partnerships with participation of state-owned companies has reached the State Duma.

16:41 07.03.2019

Fighting corruption is priority of Audit Chamber’s work – Kudrin

Combatting corruption remains a priority of Russia’s Audit Chamber’s work, its chairman Aleksey Kudrin said during a meeting with President Vladimir Putin on Monday.

17:52 04.06.2018

Supreme Court overturns fine imposed on disabled Russian ex-colonel in bribery case

The Supreme Court of Russia overturned an 800,000-ruble fine (about $13,700) imposed on convicted ex-colonel Yury Gaidukov, who had been earlier freed from prison sentence in bribery case because of loss of sight.

14:02 03.03.2017

Disabled Russian ex-colonel freed after being sentenced to 5 years in jail

Ex-colonel Yury Gaidukov was sentenced to five years in prison, fined 800,000 rubles (about $12,600) and freed on Thursday after the Moscow District Military Court learnt about his loss of sight.

17:20 03.11.2016

Audit Chamber says VEB support of businesses 'inefficient'

Support of small and medium businesses by state run Vnesheconombank (VEB) bank is inefficient, Interfax reports on Monday, citing a statement made by the Russian Audit Chamber.

14:33 24.11.2014

Officials exceeded tracking devices budget by 1.65 billion rubles

The cost of purchase of tracking devices for the needs of Russian Federal Penitentiary Service was exceeded by 1.65 billion rubles ($5.2 million), the Audit Chamber reported Thursday.

15:15 24.10.2013

Most major Russian government contracts breach rules – regulator

Over 70 percent of major state contracts concluded in 2011-2012 violated state procurement regulations, Russia’s public regulator said Thursday.

15:12 15.08.2013

Russia's Audit Chamber uncovers $205 mln Caucasus fraud

Russia’s Audit Chamber has exposed financial irregularities totaling 6.7 billion rubles ($205 million) in the North Caucasus republics of Kabardino-Balkaria and Karachay-Cherkessia, the financial controller said on Wednesday.

15:12 17.07.2013

Auditors find $443 mnl misappropriation in Aeroflot

The Audit Chamber has concluded that national air carrier Aeroflot misspent 13.9 billion rubles (over $443 million) in 2010-2011 and the first nine months of 2012, auditor Sergei Ryabukhin said at a meeting of the Federation Council's Rules Committee.

12:56 26.04.2013

Tax havens are key to many tax evasion schemes - Russian Audit Chamber

Tax havens are most often used to syphon off capital and evade taxes, says Russia's Audit Chamber.

13:24 24.04.2013

Accounts Chamber audits Bolshoi Theater management, artistic director Filin

The Accounts Chamber is looking into the legitimacy of the 2012 balanced budget of the Bolshoi Theater and recently assaulted Artistic Director Sergei Filin.

16:04 21.03.2013

Sochi 2014 constructor accused of inflating costs by $506 mln

The state-run construction company set up to build most of the facilities for the 2014 Sochi Winter Olympics has been accused by Russian auditors of unjustified cost inflations to the tune of $506 million.

17:07 06.03.2013

Audit Chamber exposes $120 million leak in state penitentiary system

The Audit Chamber has exposed 3.7 billion rubles ($120.5mn, or 92.5mn) worth of violations in state contracts signed by the Federal Penitentiary Service.

14:15 06.03.2013

Accounts Chamber held audit at Oboronservis holding in February 2012

The Accounts Chamber completed an audit at Oboronservis holding in February 2012 and submitted the results to the law enforcement authorities, according to the chamber.

14:07 26.10.2012

President receives draft law on Audit Chamber

The Audits Chamber has completed its work on the draft law, "On the Audit Chamber," and submitted it for agreement.

14:20 13.03.2012

Sport Ministry wins $63 mln dispute with lottery operator

The commercial court on Tuesday granted the Sport Ministry's claim against the Orglot lottery operator for $63 million.

13:21 27.12.2011

Sport Ministry's $63 mln dispute with lottery operator to be heard on December 23

A commercial court postponed on Wednesday until December 23 its hearing of the Sport Ministry's claim against the Orglot lottery operator for $62.3 million

11:37 14.12.2011

International Legal Conference participants propose a number of legislative innovations

During the first day of the conference “Law and Modernization: Experience, Prospects, Trends” organized by the Russian Legal Information Agency (RAPSI/rapsinews.com) and RIA Novosti, participants summed up the results of the outgoing year and spoke about important legislative innovations that will soon probably have to be obeyed by all without exception.

09:50 02.12.2011

Legal department certification to boost education quality - Audit Chamber Chairman

Law department certification at Russian universities is a breakthrough for the country's legal system, as it may improve legal education and boost the quality of legal school alumni, Audit Chamber Chairman Sergei Stepashin said at the International Legal Conference.

14:11 01.12.2011