Through the Registry of Beneficial Ownership, ownership of companies by politically exposed persons (mayors and ministers) has been identified, which had not been reported in the interest declarations submitted to the State Commission for Prevention of Corruption (SCPC).
41 out of the 360 analyzed former and current officials appear as beneficial owners in a company; 23 of these officials fully or partially concealed their shares in companies when submitting their interest declarations to the SCPC.
Discrepancies in the data on business interests of officials indicate the absence of adequate checks and verification of the accuracy of data both in the Registry of Beneficial Ownership and in the interest declarations submitted by elected and appointed officials to the SCPC.
