COA Disallows P375M OVP Confidential Funds Over Misuse
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Insights by Echo AI
The Commission on Audit (COA) has disallowed P375 million in confidential funds from the Office of the Vice President (OVP), citing misuse. COA-ICFAO auditor Xylene Del Campo revealed that the funds were turned over to a non-designated Special Disbursing Officer (SDO), violating COA rules. This decision follows testimony by SDO Gina Acosta before a House panel that Vice President Sara Duterte directed the transfer to Col. Raymond Dante Lachica, head of the VPSPG.
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