Government business enterprises (GBEs) earned P1.268 trillion in 2020 but spent P1.613 trillion, thus, resulting to a P345.11 billion in losses before tax, 2020 Annual Financial Report released by the Commission on Audit has revealed. Renamed by COA as Commercial Public Sector Entities (CPSE’s),...
The Commission on Audit has upheld the decision of two state-run firms engaged in power management and distribution to spend US$ 2.69 million (approximately P134.5 million) in hiring foreign and local lawyers, together with expert witnesses, for legal representation in the arbitration proceedings...
The Senate Finance subcommittee on Tuesday, Oct. 12 swiftly approved the Commission on Audit’s (COA) proposed P14.463-billion budget for 2022. Senator Sonny Angara, chair of the Senate finance panel, automatically endorsed COA”s proposed funding to the plenary after no senators interpellated or...
A retired labor attache’s neglect to demand payment for differentials in payment of allowances during his stint abroad has cost him nearly P2-million in money claims from government. 4C066E0A-F172-4FC2-A79E-EBEC6BE79E53_4_5005_c In a recent decision, the Commission on Audit-Commission Proper...
The Commission on Audit (COA) has cleared former Puerto Princesa City Mayor Edward Hagedorn of liability for allegedly violating 13 years ago the strict requirements of publication of projects up for public bidding in connection with two city government infrastructure contracts involving some P44...
President Duterte said he was “pleased” to know that the Commission of Audit (COA) has agreed to audit the subsidies received by the Philippine Red Cross (PRC), chaired by Senator Richard Gordon, who has led the Senate’s inquiry into the government’s alleged anomalous deals with Pharmally...
The Commission on Audit has suspended the creation of teams that will be tasked to conduct fraud and special audit based on complaints or petitions against all politicians who have filed their respective certificate of candidacy for the May 9, 2022 elections....
President Duterte asked Commission on Audit (COA) Chairman Michael Aguinaldo if he had ever taken any measures at all to hold Senator Richard Gordon accountable for his disallowances amounting to at least P86 million. Commission on Audit (COA) Chairman Michael Aguinaldo and President Duterte (File...
President Duterte warned Commission on Audit (COA) Chairman Michael Aguinaldo that failure on his part to lead an audit of the Philippine Red Cross (PRC) would constitute a violation not only the Anti-Graft and Corrupt Practices Act, but of the Constitution itself. President Rodrigo Duterte (left)...
The local government of Marikina City has been granted authority to conduct negotiated sale of real estate at the upscale Loyola Grand Villas, four years after offering the lots at bargain prices in 2017. Mayor Marcelino Teodoro Mayor Marcelino R. Teodoro sought permission of the Commission on...
The Commission on Audit may still conduct a fraud audit of the reported overpricing of billions of pesos worth of face masks and face shields if sought by citizens or requested by any agency. 4C066E0A-F172-4FC2-A79E-EBEC6BE79E53_4_5005_c Former Commission on Audit Chairperson Grace Pulido-Tan aired...
Presidential Spokesperson Harry Roque has expressed confidence that the Commission on Audit (COA) would know what to do with the Philippine Red Cross (PRC) "debacle". Presidential Spokesperson Harry Roque (File photo/ Screenshot from Facebook live) This, as President Duterte continued to unleash...
