2022-02-10
Good Will Compensation is used in compliance with legal acts
The National Audit Office of Lithuania carried out the audit of the compliance of management, use and disposal of state budget funds allocated in 2021 to the public establishment Foundation for Disposal of Good Will Compensation for the Immovable Property of Jewish Religious Communities. The audit determined that the Compensation is used in accordance with legal acts.
The Law on Good Will Compensation for the Immovable Property of Jewish Religious Communities entered into force on 1 December 2011. It established the amount of monetary compensation to be paid – EUR 37,07 million. The total amount is planned to be paid by 1 March 2023.
Each year the Seimas approves in the state budget the amount of EUR 3,62 million for the compensation. The compensation is paid to the Foundation by the Office of the Government as an appropriation manager.
During the period from the entry into force of the Law, EUR 33,45 million (90.2% of the total compensation) has been paid to the Foundation.
Pursuant to the said law, the National Audit Office has conducted a public audit of the Foundation annually since 2012 and has submitted the audit report and audit opinion on the compliance of the use of the compensation to the Government by 10 February.
The obligation to assess the compliance of the use of the compensation set out in the law is coming to an end – this year is one of the last when the auditors issued an opinion.
Information on the audit results was communicated to the Seimas Committee on Audit and to the Office of the Government.