Iloilo city: The Commission on Audit's (COA) recent decision upholding the Office of the Vice President's (OVP) disallowance of PHP73 million in confidential funds for 2022 underscores a continued push for accountability in government spending, Malaca±ang stated on Friday.
According to Philippines News Agency, during a press briefing in Iloilo City, Palace Press Officer Claire Castro emphasized that the COA ruling effectively dismisses the OVP's claims that the funds were used properly and transparently. Castro noted that this decision contradicts the OVP's previous assertion of an unmodified opinion that the funds were well-managed.
Castro further stated that the administration backs swift actions by oversight institutions to address irregularities as they arise. She highlighted that findings of disallowance serve as crucial indicators that may necessitate further action. Castro reiterated the President's commitment to a corruption-free government.
The Palace Press Officer also underscored the vital role of agencies such as COA and the Anti-Money Laundering Council (AMLC) in enhancing financial accountability within the government. She mentioned that it is imperative for these agencies to act swiftly when discrepancies are found.
The COA has issued a notice of disallowance for the OVP concerning PHP73.287 million in confidential expenses incurred from December 21 to 31, 2022. This disallowance includes PHP69.787 million allocated for rewards and PHP3.5 million for equipment purchases like tables, chairs, desktops, computers, and printers. The COA's decision mandates the OVP to return the disallowed funds to the government.