2024-10-09 03:33:03
“The report and the analyzes carried out show that despite the efforts that the corporation has made to pay its equity deficit – which dates back to years prior to what was analyzed – Cormuval continues to have negative results,” said the Comptroller’s Office.
The Comptroller General of the Republic detected a series of financial inconsistenciesand other irregularities, on the part of the Municipal Corporation of Valparaíso (Cormuval) between 2019 and 2023.
In an audit carried out by the organization, it was realized a payment of interest and fines for pension contributions of its officials – out of date – in 2023 for $413,307,588, so a trial of accounts will be finalized.
“The report and the analyzes carried out show that despite the efforts that the corporation has made to pay its equity deficit – which dates back to years prior to what was analyzed – Cormuval continues to have negative results,” said the Comptroller’s Office.
Along these lines, it was specified that its liquidity ratios do not allow it to meet its short-term commitments and that its expenses are greater than the assets generated. causing 5.31 debt points, a risk of insolvency of 0.19 and financial stagnation of -1.23 by 2023.
Meanwhile, they registered Pending payments to providers of various services – especially in Education and Health – for a total of $3,710,830,337corresponding to 8,249 invoices, of which 4,488 documents are one year late.
The Municipal Corporation of Valparaíso also maintains a debt with Cenabast for $182,371,558, dating back to 2014. Meanwhile, the nominal debt for health and pension contributions reaches $2,179,917,284 and $548,285,574 respectively.
Finally, the existence of 22 internal summaries was verified, which, to date, are still being executed. In this sense, the corporation is required to complete these disciplinary processes, informing the Comptroller’s Office within a period of 60 business days.