For the second straight year, the Department of Tourism (DOT) has received the highest audit rating possible from the Commission on Audit (COA), Tourism Secretary Bernadette Romulo-Puyat announced. DOT Secretary Bernadette Romulo-Puyat (Photo from DOT Facebook page) In a statement on Monday, August...
The San Juan City government’s financial performance, cash flows, changes in net assets/equity comparison of budget and actual amounts for 2020 have met International Public Sector Accounting Standards, the Commission on Audit has revealed. The 2020 Annual Audit Report (AAR) for the city was...
The Commission on Audit records has revealed that former Senator Freddie Webb continues to fail to return to government the P112,928.30 unspent office rental deposit for an office space reportedly “refunded” to him during his incumbency as senator in 1998....
A former senator allegedly pocketed P112,928.30 in rental deposit refund that was entrusted to him in 1998, the Commission on Audit (COA) has revealed. In the 2020 Annual Audit Report (AAR) for the Senate, COA asked Senate’s Deputy Secretary for Administration and Financial Services to explain...
Tax payment deliquency has cost San Juan City over P233 million in uncollected real estate taxes thus depriving the city government much needed funds to finance its various programs, projects and activities. The Commission on Audit (COA) also lamented that the city has incurred foregone realty tax...
The Commission on Audit (COA) has called on state-owned Cagayan Economic Zone Authority to immediately collect over P148 million in lease and other financial obligations owed by Cagayan Freeport business locators and gaming licensees, including the on-line and land-based gaming operator First...
The Bureau of Customs (BOC) clarified that all commodities flagged by the Commission on Audit (COA) for lack of import permits were released after the correct duties and taxes, including excises, were properly collected. (Photo from BOC Port of NAIA Facebook page) In a statement Monday, July 19,...
The receivables of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) from a subsidiary-company of San Miguel Corporation for the capacity payments of the 1,200-megawatt Ilijan gas-fired power plant had been pared to P21.871 billion, as stipulated in the company’s 2020...
Accountants are crucial in the fight against corruption in government, according to President Duterte. President Rodrigo Duterte, chairman of the Partido Demokratiko Pilipino - Lakas ng Bayan (PDP-Laban), delivers a speech during the national assembly of the PDP-Laban in Clark, Pampanga on July 17,...
State-owned printing firm Asian Productivity Organization-Production Unit Inc. (APO) continues to get the raw end of a Joint Venture Agreement (JVA) with a private printing company in connection with the implementation of government contracts that included the P38-billion printing of electronic...
Having been a victim of internet trolls and fake news since she assumed office, Vice President Leni Robredo on Sunday, July 18, welcomed Senate Resolution No. 768, which seeks to look into “state-funded trolls farms“ that spread misinformation. Vice President Leni Robredo (Federico Cruz/MANILA...
The modernization program of the National Bureau of Investigation (NBI) has been unduly delayed by the Philippine International Trading Corporation (PITC) which has failed to deliver “state-of-the-art” equipment required by the bureau. NBI logo In its 2020 NBI Annual Audit Report that was...
