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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

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.