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COA flags UP over P15 billion investments

COA flags UP over P15 billion investments
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Marcos vetoes 3 items in 2023 nat'l budget

President Ferdinand "Bongbong" Marcos Jr. has vetoed three provisions of the 2023 national budget, which, he said, are unrelated and could amend substantive laws.

President Ferdinand "Bongbong" Marcos Jr. has signs into law the P5.268-trillion national budget for 2023 on Dec. 16, 2022. (Ali Vico ....

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Candidate Q&A: State Senate District 5 — Gil Keith-Agaran

"The frank and blunt debates on issues among the Senate majority caucus reflect a diversity of thoughts and ideas." ....

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COA flags AFP for unauthorized bank accounts, unfinished contracts

COA flags AFP for unauthorized bank accounts, unfinished contracts
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Metro Manila (CNN Philippines, July 13) – The Commission on Audit (COA) flagged the Armed Forces of the Philippines (AFP) for its unauthorized bank accounts worth ₱1.8 billion and dozens of incomplete projects amounting to about ₱6.8 billion.
The latest COA report showed the 20 unauthorized bank accounts worth a total of ₱1,812,797,567.87 were deposited in different banks such as Land Bank of the Philippines, Development Bank of the Philippines, and United Coconut Planters Bank.
COA said the AFP Modernization Act Trust Fund has the highest remaining bank account balance with more than ₱1.3 billion in three bank accounts under its Central Office, followed by the AFP Educational Benefit System Office (EBSO) with eight bank accounts that totaled ₱347.48 million. ....

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