Today: December 23, 2024
December 22, 2024
1 min read

CUED promotes financial transparency

CUED promotes financial transparency

In compliance with the provisions of the Advice Unified of the Companies Electricity Distributors (CUED), the distributors Edesur, Edenorte and Edeeste reported their financial situation during the shareholders meeting corresponding to the year 2020, resuming processes audit and transparency that had been interrupted since that period.

Celso Marranzini, president of CUED, directed the work of the assembly and reiterated the commitment to return administrative and financial order to the electricity sector.

Through a release It was reported in the press that during the meeting, the states financial of 2020, the commissioners of accountsnew interim council members were appointed and approved audits pending for the years 2021, 2022 and 2023.

“We are marking a before and after. For the first time in more than a decade, distributors are focused on a surrender of accounts clear and punctual,” stated Marranzini. In addition, he highlighted that the audit corresponding to 2024 will be ready before the end of 2025.

Commitment to transparency

Marranzini stressed that the implementation of these audits and the presentation of information financial detailed representations represent an effort to regain the trust of citizens.

“The transparency in the states financial It is not only a demand of the shareholders, but a responsibility to the country. This sector must show where the resources and ensure that each decision is made with clarity and sense of sustainability“he assured.

The CUED seeks to resume a practice abandoned since 2020, allowing distribution companies to report their financial situation online, in compliance with the best international corporate management practices.

Recovery of processes clue

The president of the CUED also recalled that, although the EDE presented states financial audited between 2012 and 2017, the shareholder meetings necessary to complete the process were not held.

“This omission historical will not be repeated. We are committed to reestablishing and maintaining these practices as a permanent obligation to ensure the sustainability and credibility of the electricity sector,” he concluded.

He is a journalist, graduated from the Dominican O&M University. He has practiced journalism since 2005, residing in Santiago. He likes to serve the best interests of society through his profession.

Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Rio adopts guidance from the Ministry of Health on the use of covid vaccine
Previous Story

Rio adopts guidance from the Ministry of Health on the use of covid vaccine

Mariano González
Next Story

Mariano González: "“This Congress has made laws that favor criminal economies.”

Latest from Blog

Fallo del TC podría desestabilizar partidos, alerta Finjus

TC ruling could destabilize parties, Finjus warns

Santo Domingo. – The executive vice president of the Institutionality and Justice Foundation (Finjus), Servio Tulio Castaños Guzmán, expressed his concern in light of the recent decision of the Constitutional Court that
Go toTop