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Next Previous The Finance Committee crosses funds for the purchase of buildings for government services and Ministries HOME • INSIDER • CYPRUS • The Finance Committee crosses funds for the purchase of buildings for …
The issue of allocating tens of millions for the purchase of buildings intended to house ministries and government agencies, with Parliament cruising the sums, following a recommendation by the Audit Office.
It is recalled that & nbsp; the Ministry of Finance requested the release of an amount of € 25 million for the purchase of the Metropolitan building in the center of Nicosia, for the housing needs of the administration of the Ministry of Labor and Social Insurance and the Social Insurance services. Another € 8 million was requested for the purchase of the Nicosia City Central (NCC) building.
In his statements on the sidelines of the Committee meeting, the representative of the Audit Office, Marios Petridis, expressed the satisfaction of EV for the decision of the Parliament to follow its recommendations and to cross the funds related to rentals and purchases of buildings. “We must say that in the five working days of 2021, the specific Committee hastened to agree on terms, bypassing the parliamentary control procedures”, said Mr. Petridis.
Referring to the calculation of the amounts, which led to the recommendations of EV, Mr. Petridis explained that if the estimate was followed for the building of the Land Registry, which with an area of 8,000 sq.m. cost € 15 million, then the building for which the budget of € 25 million was requested, with 6.5000 sq.m. should have cost € 12 million. “The estimate of Public Works was at € 12.6 million and we can not understand the estimate because an estimated value of € 20 million was given and a final agreement for € 21 million,” he stressed.
In conclusion, he reminded that EV's position is that everything should be fully transparent the data that led to the approval of the purchase of the buildings, to be submitted before the Parliament, so that by exercising the parliamentary control it can proceed to the appropriate decisions.
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