Saturday, January 3, 2015

Palace: DND ready to address COA questions on emergency funds

From GMA News (Jan 3): Palace: DND ready to address COA questions on emergency funds

The Department of National Defense will be ready to address observations raised by the Commission on Audit regarding its P352.5 million in emergency funds.
Deputy presidential spokesperson Abigail Valte said the DND is ready to give its "appropriate response" to the audit observation raised by the COA.

"Handa silang sumagot at handa sila magbigay ng appropriate response sa audit observation na ni-raise ng COA. Confident tayo the DND will be able to address the observations raised by COA," she said on government-run dzRB radio.

A report in the Philippine Daily Inquirer said the COA report indicated the military may have misused a big part of P352.5 million in emergency funding.

The report said COA findings indicated the military may have spent money meant to help victims of natural disasters for its fuel consumption and repairs of its offices.

Citing the COA findings, the report said P843.5 million in Quick Response Fund (QRF) of the DND remained unliquidated since 2012.

But it also quoted the DND as saying the emergency fund was “utilized for the purpose it was released to DND.” 

http://www.gmanetwork.com/news/story/398463/news/nation/palace-dnd-ready-to-address-coa-questions-on-emergency-funds

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