Global Integrity Report

Argentina Home

Facts

Timeline

Notebook

Integrity Scorecard

2007 Assessment

Argentina: Integrity Indicators Scorecard

Argentina: Integrity Scorecard Report > Sub-Category: State-Owned Enterprises
Indicators		Score
64	In law, is there an agency or equivalent mechanism overseeing state-owned companies?	100
65	Is the agency or equivalent mechanism overseeing state-owned companies effective?	55
66	Can citizens access the financial records of state-owned companies?	70

Indicator and sub-Indicator Details

In law, is there an agency or equivalent mechanism overseeing state-owned companies?

64: In law, is there an agency or equivalent mechanism overseeing state-owned companies?

Score:

YES

Comments: This law creates two regulatory bodies whose mandate is to control state-owned companies. Besides, every state-owned company has their own regulatory body.

References: The Financial Administration Law: 24156 [ LINK ]

Is the agency or equivalent mechanism overseeing state-owned companies effective?

65a: In law, the agency or equivalent mechanism overseeing state-owned companies is protected from political interference.

Score:

YES

Comments:

References: Finacial Administration Law: 24156 [ LINK ]

65b: In practice, the agency or equivalent mechanism overseeing state-owned companies has a professional, full-time staff.

Score:

100

Comments:

References: Federico Arenoso - Poder Ciudadano Foundation, September 2007 Poder Ciudadano Foundation

65c: In practice, the agency or equivalent mechanism overseeing state-owned companies receives regular funding.

Score:

100

Comments:

References: Federico Arenoso - Poder Ciudadano Foundation, September 2007 Poder Ciudadano Foundation

65d: In practice, when necessary, the agency or equivalent mechanism overseeing state-owned companies independently initiates investigations.

Score:

100

Comments: The General Auditing Office (AGN) carries out random controls. The General Sindicate (SIGEN) is not independent. Just like the other specific regulatory bodies, it is created by the executive branch.

References: Federico Arenoso - Poder Ciudadano Foundation, September 2007 Poder Ciudadano Foundation

Peer Review Comments: The SIGEN is not independent: Alsessandra Minniceli is one of SIGEN's directors. She is Julio De Vido's wife. Julio De Vido is the minister of Federal Planning, Public Investment and Services.

65e: In practice, when necessary, the agency or equivalent mechanism overseeing state-owned companies imposes penalties on offenders.

Score:

100

Comments:

References: Federico Arenoso - Poder Ciudadano Foundation, September 2007

Can citizens access the financial records of state-owned companies?

66a: In law, citizens can access the financial records of state-owned companies.

Score:

YES

Comments: [ LINK ]

References: Decree 1172/2003 Access to public information. Annex VII Article 2

66b: In practice, the financial records of state-owned companies are regularly updated.

Score:

100

Comments:

References: Federico Arenoso - Poder Ciudadano Foundation, September 2007

66c: In practice, the financial records of state-owned companies are audited according to international accounting standards.

Score:

100

Comments: The companies are audited by internal and external regulatory bodies.

References: Agustín Mazzi - Autopistas Urbanas S.A., September 2007

66d: In practice, citizens can access the financial records of state-owned companies within a reasonable time period.

Score:

100

Comments: Although there is a Decree of Access to Public Information, not all state bodies abide to it.

References: Federico Arenoso - Poder Ciudadano Foundation, September 2007 Poder Ciudadano

66e: In practice, citizens can access the financial records of state-owned companies at a reasonable cost.

Score:

100

Comments:

References: Federico Arenoso - Poder Ciudadano Foundation, September 2007

Peer Review Comments: The cost is not the issue. The access is not easy.