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Where Is The 108 Million Drams?

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  • Where Is The 108 Million Drams?

    WHERE IS THE 108 MILLION DRAMS?

    Lragir.am
    24 May 06

    Member of Parliament Victor Dallakyan, Ardarutiun Alliance, proposed
    to set up an ad hoc committee to study the state of the Armenian
    civil aviation. He managed to gather only 26 signatures instead of
    the 44 required for including the question in the agenda. While Victor
    Dallakyan promises to launch another effort during the next meeting on
    June 12-16, the Audit Chamber of the National Assembly carried out an
    audit of the General Department of Civil Aviation in 2005. By the way,
    the 2005 report of the Audit Chamber is on the agenda of the National
    Assembly, but it is not discussed due to the recent political battles.

    The Audit Chamber found out that the GDCA failed to transfer the means
    that were not spend in the fiscal year, over 1 million dollars, to the
    state budget. Hence, the government decision 216 N was violated. In
    2003-2004 the government did not make any decisions on accrual and
    use of extra-budget funds, and the Ministry of Finance did not give an
    approval. The GDCA received financial assistance from other companies,
    a total of 108 million drams. This money was spent without drawing
    up a bill of quantities, without a government decision, which is a
    violation of the RA Law on the Budgetary System.

    From: Emil Lazarian | Ararat NewsPress
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