Presidential aspirant Senator Panfilo Lacson on Thursday urged state prosecutors and other investigating agencies to immediately look into the Commission on Audit’s (COA) report on the purported P1.44-trillion worth of infrastructure projects that are delayed, abandoned and/or left idle. “It is...
Senate Minority Leader Franklin Drilon on Thursday criticized the government over the P1.44-trillion worth of infrastructure projects that the Commission on Audit (COA) had earlier flagged. COA has called out 17 government agencies over delayed, abandoned and idle infrastructure projects amounting...
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 province of Cebu under Gov. Gwendolyn Garcia topped the list of provinces in the country with the highest net assets reaching P208.27 billion while Bulacan headed by Gov. Daniel Fernando registered the highest revenue in 2020 at P5.81 billion. Gov. Gwendolyn Garcia Cebu In terms of liabilities,...
The Social Security System (SSS) received an "unmodified" opinion from the Commission on Audit (COA) for its financial statement for 2020, the highest audit rating that may be given to government agencies by state auditors. (PNA photo) An "unmodified opinion" means that the auditor was satisfied...
The Commission on Audit has given provincial employees and officials of Surigao del Norte something to cheer about amid the recent devastation of super typhoon “Odette.” Odette Surigao del Norte damage In a recent ruling, the COA-Commission Proper (COA-CP) upheld the appeal of former governor...
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 Commission on Audit has enjoined government agencies maintaining K-9 units to observe the legal manner of subjecting unserviceable working dogs to euthanasia. Dogs to be euthanized COA recently issued Memorandum Circular No. 2021-011 containing the guidelines on the disposal of unserviceable...
Expensive working dogs purchased by government agencies in-charge of public security and safety may now be sold or adopted as pet by dog lovers. Dogs trained This was learned after the Commission on Audit issued recently the guidelines for the proper mode of disposable for unserviceable working...
The Commission on Audit (COA) has disallowed another set of tax credit certificates (TCCs) granted to several textile companies, the Department of Finance (DOF) said. In a report by the COA Special Audits Office to Finance Secretary Carlos G. Dominguez III, the commission said it has disallowed new...
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...
The Commission on Audit has flagged the implementation of the Solid Waste Management Program of popular tourist destination Boracay island. Boracay Island State auditors raised serious issues on the implementation of the SWMP after conducting a special audit on the collection and utilization of the...
