Daily News Hungary

Budapest, December 27 (MTI) – The management of state- and local council-owned companies require a paradigm shift, the chairman of the State Audit Office (ASZ) told MTI in a year-end interview.

Most of the companies ASZ has audited have failed, either entirely or in part, to achieve efficient, profitable operation, said Laszlo Domokos. He added that, in most cases, the companies had not established any criteria for evaluating performance.

“One cannot expect results without clear, quantifiable targets,” he said.

ASZ plans to make an evaluation of management performance, as defined by government resolution, part of its audits, Domokos said. It is key for all bodies funded with public money to ensure integrity-based operation that precludes corruption at organisational level, he added.

This year, ASZ concluded audits affecting almost 750 organisations. It made almost 2,000 recommendations to more than 350 organisations based on its findings.

ASZ reported suspicion of serious breach of regulations or criminal activity on 171 occasions in 2015, Domokos said.

Source: http://mtva.hu/hu/hungary-matters

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