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According to the Presidency report, the head of state supports the transformation of LAKD into a state-owned company, since it will create the conditions for its more efficient operation and the implementation of an advanced toll system for electric highways, but proposes to improve the Law of Roads.
“The adopted law does not meet the transparent, professional and efficient management standards of state-owned companies,” said G. Nausėda, according to the report.
It also emphasizes that the governance of state-owned companies in all sectors must be regulated consistently and with effective control.
G. Nausėda proposes to abandon the provision of the Highway Law adopted by the Seimas that the majority of the members of the reorganized Board of LAKD must be officers. According to the Presidency, this does not meet the general requirement of the State and Municipal Companies Law that at least half of the members of the board of such companies must be independent persons selected through a transparent selection procedure.
According to the head of the country, the current legal regulation allows guaranteeing the property rights of the state. In addition, according to him, the recommendations of experts from the State Audit Office and the Organization for Economic Cooperation and Assistance (OECD) link the active participation of professionals in various fields in the management of state companies with the performance of these companies.
The Seimas adopted the amendments to the Highway Law and related laws on May 28.
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