The Court of Auditors has refused to approve the management accounts of the Madeira Social Security Institute for 2023 and 2024. This decision marks the fifth consecutive year of such a refusal, following similar rejections for the years 2020, 2021, and 2022.
The Court of Auditors is an independent body responsible for overseeing the legality of public spending and adjudicating submitted accounts. It does not manage public bodies or investigate crimes, but rather monitors the use of public funds and can judge financial infringements.
Its jurisdiction is extensive, covering the State, Autonomous Regions, local authorities, public institutes, Social Security institutions, and public companies, among other entities.
