MANILA, Philippines — The Commission on Audit (COA) has called out the Office of the Vice President (OVP) over several deficiencies in the implementation of its locally funded projects (LFPs) totalling P44.664 million under its Angat Buhay program. The audit body said this was in violation of the memorandum of agreement between the OVP and LGUs as well as of COA Circular No. The state auditors reminded the OVP that the liquidation and accomplishment reports of the LGUs shall be submitted to COA not later than Dec. 31, 2019 as stated in the 2018 GAA. The COA said all the OVP funds that remain unutilized by Dec. 31 shall be reverted to the national treasury. “As discussed, the inadequate monitoring by the OVP of the required reports does not speak well of its advocacy of helping the poor.

Source: Philippine Star June 12, 2019 16:04 UTC