President Ferdinand R. Marcos has designated Gamaliel Cordoba as the new head of the Commission on Audit (COA), taking over Jose Calida who resigned two weeks ago.
Cordoba took his oath as COA chair before Chief Justice Alexander Gesmundo on Friday, based on photos released by the Supreme Court’s Public Information Office.
Malacañang has yet to release a copy of the appointment paper of Cordoba, who has been at the helm of the National Telecommunications Commission (NTC) since 2009.
Under former president Gloria Macapagal Arroyo, he served as director of the Philippine Amusement and Gaming Corp., head of the Presidential Chief of Staff, deputy executive secretary, and appointments secretary.
He practiced law with the Siguion-Reyna, Montecillo and Ongsiako firm, and multidisciplinary professional services firm SGV and Co. before joining the government.
The Constitution delegates the COA as the government’s supreme auditing arm, serving as the sole official external auditor of state agencies, as well as of government-owned and -controlled corporations.
An independent constitutional commission, COA is tasked to examine, audit, and settle all accounts on the revenue and receipts of, and expenditures or uses of funds and property owned or held in trust by, or pertaining to, the government.
The COA is mandated to promulgate accounting and auditing rules and regulations; submit annual reports to the President and Congress on the government’s financial condition and operation; recommend measures to improve the efficiency and effectiveness of government operations; and keep the general accounts of the government.
Source: Philippines News Agency
