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12° Nicosia,
17 May, 2026
 

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Displaying results 1-30 of 94 matches for query audit findings.

1. Safeguarding Client Funds for Electronic Money Institutions and Payment Institutions

https://knews.kathimerini.com.cy/en/business/safeguarding-client-funds-for-electronic-money-institutions-and-payment-institutions

A regulatory requirement demanding immediate attention – A necessity to ensure that client funds are safeguarded...

2. Cyprus Legal Service exposed over €26 million in uncollected court debts

https://knews.kathimerini.com.cy/en/news/cyprus-legal-service-exposed-over-€26-million-in-uncollected-court-debts

A newly released audit of Cyprus’s Legal Service for 2023–2024 describes serious inefficiencies in how court-awarded fines and costs are handled, with tens of millions of euros remaining unpaid and systemic weaknesses affecting oversight and enforcement....

3. Audit finds major flaws in Cyprus welfare benefit system

https://knews.kathimerini.com.cy/en/news/audit-finds-major-flaws-in-cyprus-welfare-benefit-system

A recent report by the Audit Office has revealed significant weaknesses in how social benefits were administered by the Deputy Ministry of Social Welfare during 2022 and 2023. ...

4. Cyprus’ quarries still out of control, audit warns

https://knews.kathimerini.com.cy/en/news/cyprus-quarries-still-out-of-control-audit-warns

Six years after the last audit of Cyprus’ Mining and Quarrying Service, compliance remains alarmingly low, according to a new report from the Auditor General. ...

5. Cyprus ramps up culling  as authorities race to contain foot-and-mouth outbreak

https://knews.kathimerini.com.cy/en/news/cyprus-ramps-up-culling- as-authorities-race-to-contain-foot-and-mouth-outbreak

Authorities are intensifying efforts to contain the outbreak of foot-and-mouth disease affecting livestock units in the Larnaca district, with thousands of animals either already culled or scheduled for destruction in the coming days....

6. €276 million in electricity never billed to occupied north, audit finds

https://knews.kathimerini.com.cy/en/news/€276-million-in-electricity-never-billed-to-occupied-north-audit-finds

Here’s a number that makes you blink: €276.1 million. That’s the value of electricity supplied over the years to the occupied areas of Cyprus and never billed or collected, according to a new report by the Audit Office....

7. Files seized in T/C property probe as complaints surge

https://knews.kathimerini.com.cy/en/news/files-seized-in-t-c-property-probe-as-complaints-surge

A team from the Interior Ministry has taken possession of case files from the Turkish Cypriot Properties service in Paphos, launching a review that has stirred fresh scrutiny over how such properties are managed....

8. Two-year IT project at Housing Finance Corporation drags on for eight years

https://knews.kathimerini.com.cy/en/business/two-year-it-project-at-housing-finance-corporation-drags-on-for-eight-years

A long-delayed technology project at the Housing Finance Corporation (HFC) has resulted in significant additional costs and prolonged dependence on external systems, according to findings presented by the Audit Office to Parliament’s Audit Committee....

9. Protected forests, questionable leases and lost millions

https://knews.kathimerini.com.cy/en/news/protected-forests-questionable-leases-and-lost-millions

A string of inconsistencies in how state-owned forest land is leased and managed has been uncovered by the Auditor General of the Republic of Cyprus, raising fresh questions about oversight, environmental protection, and lost public revenue....

10. Allegations of ‘ghost surgery’ surface in patient complaints to OSAK

https://knews.kathimerini.com.cy/en/news/allegations-of-‘ghost-surgery- surface-in-patient-complaints-to-osak

From uncovered GeSY services and pharmacy data concerns to referral delays and alleged “ghost” surgeries, a wave of complaints reached the Cyprus Federation of Patient Associations in December 2025....

11. Audit uncovers illegally buried construction waste next to Evrychou high school

https://knews.kathimerini.com.cy/en/news/audit-uncovers-buried-construction-waste-next-to-evrychou-high-school

A stretch of land next to the Evrychou Gymnasium has effectively been turned into an illegal dumping ground for construction waste, according to a damning report by Cyprus’ auditor general....

12. Cyprus’ auditor general hits the streets...incognito

https://knews.kathimerini.com.cy/en/news/cyprus-auditor-general-hits-the-streets-incognito

Cypriots got an unexpected glimpse of their Auditor General, Andreas Papakonstantinou, in full undercover mode this week, wig, sunglasses and hat included, riding a public bus. ...

13. Audit service to review First Lady’s charity amid questions over donor ties

https://knews.kathimerini.com.cy/en/news/audit-service-to-review-first-lady-s-charity-amid-questions-over-donor-ties

Cyprus’ Audit Service will investigate the Independent Social Support Agency, a charitable fund managed by the First Lady, after a report highlighted several donations that raise questions about transparency and possible conflicts of interest....

14. €700,000 donation raises eyebrows at First Lady’s social support agency

https://knews.kathimerini.com.cy/en/news/€700-000-donation-raises-eyebrows-at-first-lady-s-social-support-agency

A €700,000 donation to the First Lady’s Independent Social Support Agency (ISSB) has drawn fresh scrutiny, with the Auditor General warning that private contributions could give the appearance of influence when donors are also doing business with the State....

15. At Mackenzie Beach, the party never ends and neither does the tax evasion

https://knews.kathimerini.com.cy/en/business/at-mackenzie-beach-the-party-never-ends-and-neither-does-the-tax-evasion

An internal audit has raised serious concerns over how Cyprus’s Tax Department handled suspected tax evasion at bars and restaurants along Mackenzie Beach in Larnaca, finding what officials described as a “troubling pattern of leniency” toward businesses with known irregularities....

16. Big three builders dominate Cyprus’ public works, and the delays keep piling up

https://knews.kathimerini.com.cy/en/news/big-three-builders-dominate-cyprus-public-works-and-the-delays-keep-piling-up

A new report by the Auditor General has confirmed what many in the construction world have been whispering for years: that a handful of “national contractors” are calling the shots when it comes to Cyprus’ biggest public works projects....

17. New Cyprus Museum faces 500-day delay as Audit Office launches investigation

https://knews.kathimerini.com.cy/en/news/new-cyprus-museum-faces-500-day-delay-as-audit-office-launches-investigation

The contractor behind the New Cyprus Museum project has requested a 500-day extension and submitted major financial claims, prompting an investigation by the Audit Office, lawmakers said Thursday....

18. Larnaca ER run by trainees while senior doctors collected full pay

https://knews.kathimerini.com.cy/en/news/larnaca-er-run-by-trainees-while-senior-doctors-collected-full-pay

In most cases last year, patients rushing into the First Aid Department at Larnaca General Hospital were treated not by senior doctors, but by trainees, while the specialists on duty were often nowhere to be found, according to a new report by the Audit Office of the Republic....

19. Birthday bash triggers Audit office probe over environmental risks in Paphos

https://knews.kathimerini.com.cy/en/news/birthday-bash-sparks-audit-office-probe-over-environmental-risks-in-paphos

The Audit Office has raised concerns that state officials may have shown serious negligence in allowing a private birthday party for a high-profile businessman to take place in one of Paphos’ most environmentally sensitive areas....

20. Audit flags major design flaws in new bus shelters

https://knews.kathimerini.com.cy/en/news/audit-flags-major-design-flaws-in-new-bus-shelters

The new bus shelters rolled out across the city suffer from a combination of three major design flaws, according to a report by the Audit Office....

21. Posh perks and pricey trips: Inside Parliament’s 2023 spending spree

https://knews.kathimerini.com.cy/en/news/posh-perks-and-pricey-trips-inside-parliament-s-2023-spending-spree

The Auditor General of the Republic has issued a series of significant recommendations in his report concerning the operations of the House of Representatives for the year 2023....

22. Over €1.1 million in donations to Cyprus political parties tied to golden passport scheme

https://knews.kathimerini.com.cy/en/news/over-€1-1-million-in-donations-to-cyprus-political-parties-tied-to-golden-passport-scheme

More than €1.1 million in donations were funneled to political parties in Cyprus between 2016 and 2021 from individuals and companies linked to the controversial Cyprus Investment Program, commonly known as the “Golden Passport” scheme....

23. Cyprus lawmaker called out in permit dispute involving President

https://knews.kathimerini.com.cy/en/news/cyprus-lawmaker-called-out-in-permit-dispute-involving-president

A dispute over building permits for an event hall in Lymbia has escalated into a political firestorm, with Anastasios Anastasiou, father of the hall’s owner, accusing AKEL lawmaker Christos Christofides of betrayal and tying the issue to alleged presidential interference....

24. Education Ministry slammed for millions spent and cut corners in dodgy deals

https://knews.kathimerini.com.cy/en/news/education-ministry-slammed-for-millions-spent-and-cut-corners-in-dodgy-deals

A deep dive by Cyprus’ Auditor General has uncovered a troubling pattern in how the Ministry of Education, Sport and Youth has been handling public project contracts, and the red flags go back nearly a decade....

25. Four environmental groups accuse Forestry Department of violating Akamas protection terms

https://knews.kathimerini.com.cy/en/news/four-environmental-groups-accuse-forestry-department-of-violating-akamas-protection-terms

Four environmental organizations have jointly accused Cyprus’s Forestry Department of systematically violating legally binding environmental conditions related to the controversial road network upgrade in Akamas National Forest Park....

26. 12,000 citizenship applications stuck in limbo amid processing delays

https://knews.kathimerini.com.cy/en/news/12-000-citizenship-applications-stuck-in-limbo-amid-processing-delays

A backlog of 12,000 citizenship applications has raised serious concerns about the efficiency of Cyprus’ immigration and residence permit processing system....

27. Audit exposes gaps in Health Ministry’s grant and payment systems

https://knews.kathimerini.com.cy/en/news/audit-exposes-gaps-in-health-ministry-s-grant-and-payment-systems

In a recent audit by the Auditor General on the Ministry of Health's activities for 2022 and 2023, a number of financial discrepancies and issues have come to light, particularly in the way grants were distributed and payments were handled. ...

28. Struggling families at risk of losing homes on government-granted land

https://knews.kathimerini.com.cy/en/news/struggling-families-at-risk-of-losing-homes-on-government-granted-land

Low-income households that received state-owned land to build their first homes now face the real threat of losing their properties to lenders, according to a damning report by the Audit Office of the Republic of Cyprus....

29. Shortcomings in Cyprus citizenship and immigration processes

https://knews.kathimerini.com.cy/en/news/shortcomings-in-cyprus-citizenship-and-immigration-processes

A recent audit of the Department of Population and Immigration (DPI) has revealed significant delays in the processing of citizenship applications, particularly those based on marriage to a Cypriot citizen....

30. RIK welfare fund scandal: Taxpayers on the hook for mismanaged millions

https://knews.kathimerini.com.cy/en/news/rik-welfare-fund-scandal-taxpayers-on-the-hook-for-mismanaged-millions

A potential case of misappropriation of public funds has emerged involving the Cyprus Radio Broadcasting Corporation's (RIK) Welfare Fund, according to findings from the Parliamentary Control Committee....

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