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COA finds P923M in idle disaster funds
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Topic: COA finds P923M in idle disaster funds (Read 658 times)
Mulligan
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COA finds P923M in idle disaster funds
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November 03, 2015, 01:43:36 PM »
COA finds P923M in idle disaster funds
CALAMITY funds in the hundreds of millions coursed through a Department of National Defense (DND) agency in charge of disaster management have been sitting idle in a bank for years, according to the Commission on Audit (COA).
In its 2014 annual report released recently, the COA criticized the Office of Civil Defense (OCD) for the “very low†utilization rate of quick relief funds (QRF) and donations intended for disaster victims.
State auditors said the unused QRF allocated to the OCD had ballooned to P923 million as of the end of last year.
Read more:
http://newsinfo.inquirer.net/736173/coa-finds-p923m-in-idle-disaster-funds
http://newsinfo.inquirer.net/736173/coa-finds-p923m-in-idle-disaster-funds
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islander
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Re: COA finds P923M in idle disaster funds
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Reply #1 on:
November 04, 2015, 11:58:46 AM »
where goest this, thus? hinoon, sa mga kihaay karon, if i were in the position to use this, i would have second thoughts. ma-issue na pod unya.
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Republic Act 8485 (Animal Welfare Act of 1998, Philippines), as amended and strengthened by House Bill 6893 of 2013--- violation means a maximum of P250,000 fine with a corresponding three-year jail term and a minimum of P30,000 fine and six months imprisonment
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