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ID : 9970

SAI Kyrgyzstan uncovered major financial irregularities at Kyrgyzneftegaz

Title:

SAI Kyrgyzstan uncovered major financial irregularities at Kyrgyzneftegaz

Tags

Energy

Summary

SAI Kyrgyzstan conducted a compliance audit of one of the country's largest strategic enterprises, Kyrgyzneftegaz, for 2025. The audit identified the following systemic violations at Kyrgyzneftegaz: inefficient use of internal resources, lack of timely production measures, deficiencies in payroll management and accounts receivable, excessive and unjustified expenses, and violations in capital construction and public procurement. As a result, the company suffered significant financial losses. Following the audit, Kyrgyzneftegaz was issued orders to rectify the violations, and the audit materials were submitted to law enforcement agencies for legal review.

Type of organization

Supreme Audit Institution (SAI)

Organization name

The Accounts Chamber of the Kyrgyz Republic

Country

Kyrgyzstan

Region

Asia

Type of publication

Press release

Type of activity

Audit

Type of auditing

Compliance auditing

Region

Asia

Audit period

From 01 January 2025 to 31 December 2025

Language

Russian

Publication date

02 July 2026

Attachment

Счетная палата выявила крупные финансовые нарушения в ОАО «Кыргызнефтегаз».pdf