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ASEAN 2017. Filipino and international media delegates work at the Pasay World Trade Center which has been transformed into an International Center of Medicine for ASEAN 2017. Photo by LeAnne Jazul / Rappler
MANILA, Philippines – The Commission on Audit (COA) has drawn the attention of the Office of the President (OP) on undisbursed cash advances in the amount of 5.8 million euros.
In his 2017 audit report of the OP, state auditors said that the office of President Rodrigo Duterte was released with 5.8 million pesos, mainly associated with the Home Association Summit of the nations of Southeast Asia (ASEAN) last year. (READ: President's Office 2017 Budget Increase)
Of the P5.5 million, the Accounting Division of the Bureau refused the sum of P345,000, but the amount has not yet been refunded.
OP told state auditors that because of the voluminous transactions during ASEAN 2017, his accounting office is still in the process of reviewing liquidation reports
"We recommend and management has agreed to require the chief accountant to expedite the review of the liquidation reports received." Accountants also found that apart from unauthorized cash advances from P345,000 for the past year, there are also cash advances worth 102,000 pesos
"No letter of request has been issued by the chief accountant to compel the OPA to repay their outstanding balances, so that it remained in circulation between less than one and more than three years, contrary to Article 89 of the RFP No. 1445 and Section 5.1 of ACO Circular No. 97-002, "says COA
In total, the PO has a non-liquid cash e 6.8 million & # 39; euros. years and beyond, but the greater part, or P5.8 million, was from 2017. – Rappler.com
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