WILLEMSTAD — Curaçao does not have complete or up-to-date registers of government-owned assets, according to the General Audit Chamber, creating serious uncertainty about state property and financial reporting.
The audit found that there are no reliable inventories for tangible or intangible fixed assets, nor documentation confirming which assets were transferred from the former Island Territory to the Country of Curaçao in 2010. In many cases, cadastral proof of ownership is missing.
Because of these gaps, the Audit Chamber says it cannot determine whether assets listed on the balance sheet actually belong to the government, resulting in unquantifiable reliability uncertainties.
The Chamber warns that without proper asset registration, the government cannot effectively manage public property or ensure transparent financial reporting.