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Chamber of Accounts: AZN 15 mln. mismanaged in sports complexes

Chamber of Accounts: AZN 15 mln. mismanaged in sports complexes

22 April 2026 00:50 (UTC +04:00)

Serious financial and management shortcomings have been revealed in the Olympic sports complexes, APA-Economics reports.

Chamber of Accounts identified serious financial violations and management gaps during an audit conducted at the Olympic sports complexes operating under the Ministry of Youth and Sports.

The audit covered 2022-2025 and covered AZN 15 million.

The report notes that strategic planning for the activities of the sport complexes was not carried out, the tariff policy was not justified, and a large part of the income remained dependent on subsidies. In many cases, prices were set without taking into account costs.

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