Author Topic: Lost Funds for Tagbilaran Road Projects  (Read 609 times)

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Lost Funds for Tagbilaran Road Projects
« on: September 24, 2013, 07:10:04 PM »
by Bohol Chronicle

City lawmakers are demanding for a clear accounting on millions of pesos intended to repair the roads in the city which remain to be one of the worst roads one can see in any  part of the country today.

City Kagawad Bebiano Inting, a CPA and a former banker told the Chronicle that he finds it "foolish for the lawmakers to approve the request for another P240 million for road maintenance when no accounting was done on the earlier release of  P335 million budgeted for roads during the past two and a half years.”
 
Inting recalled that the city released the amount on a staggered basis for the city road maintenance, namely P81 million in 2011, P135 million in 2012 and P44 million this year. This is aside from the P75 million to be availed as a loan with the Development Bank of the Phils. (DBP).

In an attempt by the majority bloc to have the request of P240 million be approved during last Friday's session, the opposition lawmakers led by Inting successfully managed to block its approval and instead asked that City Engr. Piansicita Castolo to appear during tomorrow's session.

Engr. Castolo will be asked by the lawmakers to attend the session at 2 o'clock tomorrow afternoon, instead of Friday since lawmakers will be attending a conference in Davao City on Friday this week.

Kagawad Inting was vocal on his demand for an  accounting of the P335 million earlier released since it surprised the taxpayers on why such a huge budget  been released and the city roads remain to be at its "worst" with potholes looking like moon craters.

The CPA-lawmaker said that another budgetary outlay which needs an accounting was the release of P50 million last 2009 and the subsequent request of Mayor Dan Lim for the DBP to release the balance of P50 million shortly  before the 2009 elections.

It maybe recalled that a signature campaign signed by thousands of city residents was sent to the DBP in order to manifest the public's objection on the request of Mayor Lim to the bank for the release of another P50 million, shortly before the 2009 polls.

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