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ÁSz slams unjustified utility pricing

Hungarian state auditor ÁSz has heavily reprimanded the Budapest municipality’s transparency policies, having found a number of irregularities in the pricing practices of city-owned utility firms.

Since the municipality is lacking a general pricing concept the expenses of services are determined by the companies themselves purely arbitrarily. ÁSz also found that there was not a single case when the costs claimed and collected by the providers would have been subsequently scanned at the end of the year.

The monitors stressed that the local government as well as the involved utility firms have repeatedly harmed the interests of their customers who were unaware of the fact that they were indirectly financing developments and an aid scheme for disadvantaged users, instead of the providers using their own resources or applying for bank loans to secure the necessary coverage. (Napi Gazdaság)