‘OVP spent P125m in confidential funds in 11 days’

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‘OVP spent P125m in confidential funds in 11 days’
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A Congressional leader on Monday said the P125 million in confidential funds allocated to the Office of the Vice President

by the Office of the President was spent in 11 days, and not in 19, citing information from the Commission on Audit .

During the plenary deliberation, the Marikina lawmaker revealed that the multimillion-peso confidential fund granted to the office of Vice President Sara Duterte for the year 2022 by the OP had been obligated in just 11 days. According to COA, Quimbo said, the OVP submitted its liquidation report in January 2023 and was issued an audit observation memorandum or AOM on Sept. 18, 2023 by state auditors.

At this point, Quimbo reiterated her call for the creation of a special oversight committee for confidential and intelligence funds in the House of Representatives to boost transparency and ensure that people’s money is spent properly.

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