So what can you say about this one? Let us know your thoughts in the comment section below, and don’t forget to share this blog post to your family and friends online. And also, visit our website more often for more updates.
OVER 7 BILLION PESOS WORTH OF FUND TRANSFERS STILL UNLIQUIDATED UNDER THE TERMS OF MAR ROXAS AS DILG SECRETARY
The Commission on Audit (COA) shown to the press that the Department of Interior and Local Government (DILG) has yet to account for over P7-billion worth of fund transfers for several projects put in place under the time period of presidential aspirant and Liberal Party bet Mar Roxas.
The former head of DILG said that he won’t ever rob from the government coffers however the COA record is in contrast to what he’s doing if proven guilty by the Commission on Audit.
The report was unveiled to the press by COA according to its 2014 Annual Report Audit.
COA reported just lately on its official website that as of December 31, 2014, the piled up worth of unliquidated fund transfer of the DILG under Sec.Mar Roxas had reached P7.040 billion.
“The Receivables accounts accumulated to a huge amount of P7.040 billion because management failed to monitor the liquidations of the fund transfers and submission of the corresponding financial reports contrary to COA Circular No. 94-013,” the COA record read.
According to the audit report it was mentioned that the accumulations of the unaccounted fund transfer of the DILG was because of the management’s “non-monitoring of liquidations as well as submission of financial reports.”
The COA report stated that the funds were moved to national government agencies (NGAs), local government units (LGUs), non-government organizations (NGOs) and/or private organizations (POs), as well as in DILG’s regional offices (ROs) for the intended use of several projects like the Provision of Potable Water program (SALINTUBIG), PAyapa at MAsaganang PamayaNAn (PAMANA), Bottom-Up Budgeting (BUB), Rehabilitation Assistance on Yolanda (RAY), and also the Public Transport Assistance Program (PTAP).