Expert-Grup

Launch of the Study “The State-Owned Enterprise Sector: Corruption Risks and Necessary Reforms”

Thursday, 14 July 20222750 views
Launch of the Study “The State-Owned Enterprise Sector: Corruption Risks and Necessary Reforms”

Automatically translated summary. The full article is available in Romanian.

On 14 July 2022, the Independent Think Tank “Expert-Grup” launched its study “The State-Owned Enterprise Sector: Corruption Risks and Necessary Reforms” at a roundtable supported by NED. The study identifies integrity obstacles at state and enterprise level that fuel corruption risks in Moldova's state-owned companies.

At state level, the main obstacles are the absence of an ownership policy, unclear separation of policy-making and management roles, non-transparent selection of board members, and the limited institutional capacity of the Public Property Agency (APP). At enterprise level, they include weak internal control, problematic procurement, poor accounting, hiring without public competitions and low transparency.

Economy Minister Sergiu Gaibu said governance still follows Soviet principles. Adrian Lupușor said reform was repeatedly postponed for political reasons. APP's Tatiana Savva said an ownership policy is due by the end of the year. Author Vitalie Rapcea recommends adopting that policy, depoliticising boards, strengthening the APP, sanctioning failures of transparency and assessing corruption risks ex ante.