COA bares OVP’s ‘misuse’ of intel funds anew

Philippines News News

COA bares OVP’s ‘misuse’ of intel funds anew
Philippines Latest News,Philippines Headlines
  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 55%

Defining the News

State auditors have flagged the Office of the Vice President’s supposed misuse of P375 million in confidential and intelligence funds in 2023, representing the second year in a row that such an offense was recorded, a lawmaker pointed out.

“My initial assessment, I think the basis was laid out properly, and we saw in the initial deliberations, it’s unfortunate that we did not have the proper resource persons from the ,” Gutierrez said at the sidelines of Wednesday’s initial hearing of the House Committee on Good Government and Public Accountability into the OVP’s questionable budget utilization.

“This is public money, not a personal slush fund. Repeated, templated reporting without detailed justification only raises suspicions of misuse.” Last month, COA issued an ND in the amount of P73.28 million, citing improper use and violations of government regulations. Gutierrez further warned that the OVP had been given multiple chances to explain and justify its CIF expenditures since 2023, but the COA could only issue an ND due to insufficient documentation. He stressed that if the Vice President cannot properly account for these funds, she could be required to return the disallowed amounts to the government.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MlaStandard /  🏆 20. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

VP Sara: No misuse of OVP confi fundsVP Sara: No misuse of OVP confi fundsLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

VP Sara Duterte denies misuse of confidential fundsVP Sara Duterte denies misuse of confidential fundsDefining the News
Read more »

House promotes Joel Chua, VP Sara critic, to lead panel probing misuse of fundsHouse promotes Joel Chua, VP Sara critic, to lead panel probing misuse of fundsThe shakeup in the House committee on good government and public accountability comes a day after some lawmakers called for an investigation into alleged procurement irregularities in DepEd when Vice President Sara Duterte was still its secretary
Read more »

Speaker Romualdez calls out House critics who ‘misuse public funds’Speaker Romualdez calls out House critics who ‘misuse public funds’Speaker Romualdez does not mention Vice President Sara Duterte in his speech, but it comes days after his allies in Congress mention the VP's name and the word 'graft' or 'corruption' in the same sentence
Read more »

House leader warns vs ‘hypocrisy, evasion, misuse of public funds’House leader warns vs ‘hypocrisy, evasion, misuse of public funds’THE House of Representatives leadership on Monday issued a strong warning to public officials, saying that the Chamber will “not tolerate hypocrisy, evasion, or misuse of public funds.” At the same time, it assured that the country’s economic growth will translate into real, tangible benefits for all Filipinos.
Read more »

COA questions Mandaue for not using fundsCOA questions Mandaue for not using fundsSunStar Publishing Inc.
Read more »



Render Time: 2025-02-16 02:41:44