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 Naftohaz audit results to be revealed by Sept. 30, - Cabinet

The Cabinet of Ministers of Ukraine intends to publish results of an independent audit of bills receivable of the National Joint Stock Company "Nafrohaz Ukrainy" by Sept. 30.

This was announced by the Cabinet in its letter to the International Monetary Fund, published by the National Bank of Ukraine, Censor.NET informs citing Ukrainski Novyny.

The results of an independent audit of bills receivable by Naftohaz will be revealed by Sept. 30, 2015 in order to facilitate transparency and proper management. The analysis will include concrete goals for Naftohaz in terms of debt collection and recommendations on required methods of collection and improvement of legal framework," the document reads.

Read more: Naftohaz to stop bying gas from Russian Gazprom effective July 1

The letter of intent reads that the independent analysis of accounts receivable of Naftohaz has been conducted by Price Waterhouse Coopers with financial support by the UK Department for International Development.

 
 
 
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