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APRIL 26, 2001  


Minfin Is Surprised to Learn about Allegedly Detected Financial Violations by Almazjuvelirexport

Ministry of Finance is surprised to learn a recent report of Accounting Chamber Press Service about allegedly found "big financial violations which caused a serious damage to a state budget according to the results of Almazjuvelirexport examination of 1992-2000 period.
Department on relations with governmental and social bodies of Finance Ministry of RF informs that report of Almazjuvelirexport activity had no information on serious violations. There were several remarks on its work and they will be amended in the short run.
Besides Minfin says that during 1992-2000 Almazjuvelirexport was checked two times a year and never any "serious violations were detected" which could cause a serious damage to the state.
As for several shortcomings they has always been corrected and will be corrected. It is interesting to note that Accounting Chamber press service reports are often represented as something purely sensational, no facts or figures attached, and that forms a poor image of Accounting Chamber.

Source: RBC
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