Audit Office: 2.5 million GEL worth state number identification cameras purchased by the Roads Department in 2018 are stored

According to the report of the State Audit Office, the 2.5 million GEL worth state number identification cameras purchased by the Roads Department in 2018 are stored.

According to the Audit report on the financial reports of the Ministry of Regional Development and Infrastructure, the Roads Department purchased 800 video surveillance cameras for transfer to the Ministry of Internal Affairs, but the transfer has not yet taken place and the cameras are stored in the Ministry of Internal Affairs warehouse.

"The "main assets" paragraph of the Roads Department records GEL 2,496,000 worth 800 video surveillance cameras (with accompanying devices) identifying the state number of a vehicle, which were purchased for transfer to the Ministry of Internal Affairs in 2018. The transfer has not taken place so far, however, the cameras are stored in the warehouse of the Ministry of Internal Affairs and are not used or controlled by the Roads Department. Therefore, these fixed assets do not meet the criteria for recognition as an asset", - the audit report states.

In addition, the State Audit Office has a negative conclusion on the consolidated financial statements prepared by the Ministry of Regional Development and Infrastructure of Georgia for the period which ended on 31 December 2019.