Hidden Omissions: Unreported Functions and Income of Business Entities Under Scrutiny

Analysis of data from the Central Registry of Business Entities and the Agency for Prevention of Corruption (APC) portal has revealed alarming deficiencies in the reporting of functions by a significant number of representatives of management structures in companies. We found a substantial number of cases where regular annual reports were not submitted to ASK, as well as instances where public officials reported their positions but not the income from those positions.

According to our estimates, the situation is as follows: In state-owned enterprises, of which there are 55, with a total of 304 individuals, including executive directors and board members, we observed that 23% of individuals did not report their functions, 2% did not submit regular annual reports, and 20% did not report their income.

As for companies owned by local self-government units, there are 123, with a total of 595 individuals (executive directors and board members). A smaller but still concerning percentage of unreported functions (8%), unsubmitted annual reports (9%), and unreported income (7%) was noted.

According to the Law on Prevention of Corruption, a public official is required to submit a report on their assets and income to the Agency within 30 days of assuming office. The public official must provide accurate and complete information in the report. During their term in public office, a public official must submit an annual report by the end of March for the previous year.

A detailed list of individuals by company, along with their respective positions, can be found in the attached table.

Text was created within the project “Civil Society for Healthy, Effective, Sustainable, and Transparent Public Enterprises (BEST SOEs),” supported by the European Union, with co-financing from the Ministry of Public Administration. The content of the text is the sole responsibility of Institute Alternative and does not necessarily reflect the views of the European Union and/or the Ministry of Public Administration.

Leave a Reply

Your email address will not be published. Required fields are marked *