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AUDIT OFFICE: DK ENTITLED AGAIN TO CENTRAL FUNDING

 

The Hungarian Audit Office (ÁSZ) said the opposition Democratic Coalition (DK) party has brought its financial management into line with the relevant regulations, entitling the party to receive funding from the central budget once more. The audit office announced the suspension of DK’s central funding on May 21, citing irregularities revealed during its biannual audit of the party’s finances for the period of 2017-2018. DK’s financial statements did not represent the party’s income and expenses in a “real and credible manner”, the audit office said at the time. The office also accepted DK’s assurance that it would observe the office’s recommendations for future audits and avoid irregularities in the future, it said, adding that DK’s finances will soon be scrutinised during the next audit for the 2019-2020 period.