Tag page - bank account

The Commission on Audit (COA) said the Department of Education (DepEd) has more than P362.7 million in "unauthorized, unnecessary, and dormant bank accounts" that violate the General Appropriations Act of 2022. In its audit report, COA said that DepEd has a total of P362,760,156.45 cash in banks...

The Department of Education (DepEd) on Monday, Jan. 24, said that it is taking steps to validate the report on the alleged hacking of some bank accounts of public school teachers. (Photo from Unsplash) This, after the Teachers’ Dignity Coalition (TDC), said that it has been receiving reports from...

Manila Mayor Francisco “Isko Moreno” Domagoso is open to waiving his rights under Republic Act (RA) 1405 or the Bank Secrecy Law, thus, making his bank accounts a matter of public record. During a cash aid distribution event to victims of the San Andres fire on Friday, Dec. 10, Domagoso said he...

*STORY UPDATE* The freeze orders of the Court of Appeals on the accounts of Julie Hao Gamboa, also known as Kimberly, has since been lifted. Based on the documents provided recently by Ms. Gamboa, her bank branch notified her of the lifting of the frozen accounts on December 9, 10, and 13, 2021,...

The Department of National Defense (DND) clarified Sunday, July 11, that some of the "unauthorized" bank accounts of the Armed Forces of the Philippines (AFP) that were flagged by the Commission on Audit (CA) cannot be closed immediately as these contain the depository accounts of the military's...