AFP spokesperson, Col. Ramon Zagala (File photo) MANILA - The Armed Forces of the Philippines (AFP) said it has closed 15 out of the 20 bank accounts reported as unauthorized by the Commission on Audit (COA) but it expressed hope that it will be allowed to retain the remaining five, saying these are needed for essential purposes. In a statement late Sunday, AFP spokesperson, Col. Ramon Zagala identified the retained bank accounts and the reason for doing so. "(First is) Account Number 00-140-102888-6 of UCPB (United Coconut Planters Bank). This account is for payment of procurement under the AFP Modernization Program. There are several multi-year contracts being serviced by this account," he added. Zagala said closing this account now will jeopardize the payment schedule for these contracts. "We have requested the Permanent Committee to retain this account until the procurement it is supporting is completed," he added. Established in 1987, the Permanent Committee mo