Published February 21, 2021, 7:41 PM
A partylist lawmaker has questioned the Commission on Audit for the long delayed release of the 2019 annual audit report for the Government Service Insurance System.
In a briefing conducted by GSIS officials for the House Committee on Public Accounts, Ako Padayon Pilipino Rep. Adriano A. Ebcas disclosed that COA has yet to publish the audit report even as the audit agency has started to release the 2020 annual audit report (AAR) of other government offices.
Chaired by Probinsyano Ako Partylist Rep. Jose “Bonito” C. Singson Jr., the public accounts panel has decided to conduct an inquiry into the financial status of GSIS, more particularly the condition of its investments, amid the declaration of officials that they are contemplating on raising the premium rate of members.