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Our audit reports are available here.
5 documents found
27 February 2015
The Netherlands Court of Audit wrote to the Dutch House of Representatives on 9 February on the matter of the supervision of banks in the European Union. Responsibility for supervising ‘significant banks’ was transferred from the Dutch central bank to the European Central Bank (ECB) on 4 November 2014. There are seven ‘significant banks’ in the Netherlands, with a combined balance sheet total of approximately €2,480 billion.
25 February 2015
The Netherlands Court of Audit audited the purchase of Transpower, the German high-voltage network, by TenneT, the Dutch public-sector network operator. The main audit questions were: did the Minister of Economic Affairs and the Minister of Finance ensure that the acquisition, which cost €885 million, was in the Dutch public interest? And did they do enough to prevent the Dutch State from running any financial risks as a result of the transaction?
25 February 2015
The Netherlands Court of Audit sought to establish whether the Dutch government takes proper care to guarantee that the investments made by Tennet, the Dutch network operator, in the country’s high-voltage network are efficient. In other words, the government should seek to ensure that such investments are necessary for the purpose of maintaining the quality and capacity of the electricity supply, and also are not too costly. TenneT is a wholly state-owned corporation and is the only operator that is entitled to transmit electricity through the high-voltage network, i.e. it holds a monopoly in the power transmission market.