Moldelectrica assets undervalued by 679 million lei in Energy Ministry books
The Court of Accounts found that Moldelectrica's assets were undervalued by about 679 million lei in the Energy Ministry's records.
Written later, from the reports of that day.
What it means for you
The ministry plans to launch a tender in November to value Moldelectrica's assets, with services estimated at 4 million lei, excluding VAT. The ministry has not said what the valuation will mean for consumers.
What happened
The Court of Accounts found that state property managed by Moldelectrica, a state enterprise, was not fully recorded in the Energy Ministry's accounts. Parliament's public finance control committee examined the audit on Wednesday. Energy Ministry secretary general Andrei Gritco said the shortcomings concern accounting and do not in themselves indicate financial damage to the state.
In short
- State property worth 321.6 million lei was included in Moldelectrica's share capital, against the law.
- Auditors found 1,670 fixed assets recorded at zero value, which were not revalued.
- The Court of Accounts could not confirm the value of the Education Ministry's reported assets, about 8.8 billion lei.
- A 9.8 million lei advance paid in 2025 to the UN Office for Project Services was not properly justified, blocking the next tranche.
- The new Chisinau prison, estimated at about 76 million euro, is behind schedule.
Original sources
- Patrimoniul Moldelectrica, subevaluat cu 679 de milioane de lei în evidența Ministerului Energiei, auditul Curții de Conturi · in RomanianRead it on IPN
- Patrimoniul Moldelectrica, subevaluat cu aproape 679 de milioane de lei · in RomanianRead it on Stiri.md
- Activele Moldelectrica au fost subevaluate cu 679 de milioane de lei · in RomanianRead it on Point.md
- Активы Moldelectrica оказались занижены на 679 млн леев · in RussianRead it on Point.md
- Patrimoniul Moldelectrica, subevaluat cu 679 de milioane de lei în evidența Ministerului Energiei, auditul Curții de Conturi · in RomanianRead it on Deschide.md
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