12:18 - 13.01.2026

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January 13, Fineko/abc.az. Tamiz Shahar JSC (Clean City), the operator of vehicle recycling, has not eliminated a number of shortcomings identified during the efficiency audit conducted in 2024 to assess the effectiveness and efficiency of safe waste management.

ABC.AZ informs, referring to Accounts Chamber’s report, that according to the audit results, effective measures were not taken to repay accounts receivable (outstanding) in the amount of 978,600 manats, formed at the beginning of 2024 on administrative fines imposed by the Ministry of Ecology & Natural Resources in order to improve legal regulation and management of the movement of safe waste.

At the same time, the process of increasing the authorized capital of the company, taking into account financial transactions, from the beginning of its activity until January 1, 2024 by 126.6 million manats and bringing it up to 135.7 million manats has not been completed. At the same time, the preparation, presentation and publication of financial statements for 2021, 2022 and 2023 has not been ensured. The audit also revealed shortcomings in the accounting of state property. Thus, the requirements of the legislation on separate accounting of capitalization and depreciation amounts for non-current assets were not complied with.

The audit also revealed shortcomings in the accounting of state property. Thus, the requirements of the legislation on separate accounting of capitalization and depreciation amounts for non-current assets were not complied with.

The report also notes that financial reports for 2021-2023 were not submitted and published by housing and communal services associations operating as separate legal entities subordinate to the executive authorities of the cities and districts of Baku, Sumgait, Ganja, Yevlakh, Shirvan, Mingachevir, Absheron, Agjabadi, Barda and Beylagan.

In addition, it was noted that as a result of the transfer to third-party legal entities of the landfill for waste disinfection located in the city of Sumgait on the territory of 110 hectares owned by Sumgayıt Shahar Tamizlik Departamenti LLC, the economic effect was lost, but this process was not adapted to the requirements of legal acts.

The audit documents emphasize that measures to limit to 40% of the annual depreciation rate of non-current assets, including cargo vehicles, received from investment expenditures of the state budget, and to adjust their authorized capitals were also not implemented, despite an audit conducted in 2024.

The execution of decisions on all the listed shortcomings is currently under monitoring.