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While conducting audit procedures at the Rēzekne Technical School regarding settlements of accounts with service providers, the State Audit Office of Latvia has identified possible fraudulent activities, intentional falsification of payment documents with the aim of transferring funds to third parties. At least 54,000 euros might have been embezzled from the budget of the Technical School. Such actions were possible because the name or first name and surname of the recipient of the payment were not checked when making transfers for compliance with the specified account number (IBAN) allowing funds to be transferred to persons who were not entitled to them.
