Palace working on guidelines to address COA finding on unused donations
October 9, 2020
Malacanang on Friday said the Office of the President is working on the guidelines and studying the Commission on Audit’s finding on unused donations.
“As per the Office of the Executive Secretary, the Office of the President is already working on the guidelines and studying how to best address the findings of the Commission on Audit (COA), which include how donations will be effectively and efficiently utilized,” Presidential spokesperson Harry Roque said in a statement.
In a report published on Thursday, COA said a total of P1, 412,943,850.69 donations intended for economic development projects in line with the national priority plan, such as agrarian reform, assistance to victims and areas affected by natural calamities and rehabilitation of depressed areas, were not formulated.
“Hence, benefits that could have been derived therefrom were not attained,” it said.
According to reports, COA said the P1.4 billion donation came from Benpres Corporation which is now Lopez Holdings Corp., a flagship company of the Lopez family which comprises Rockwell Land Corp., ABS-CBN Corp., among other businesses.
For 2019, President Rodrigo Duterte’s office has a P8.201-billion budget. Ella Dionisio/DMS
Latest Videos
- WAR OF WORDS: UNCOVERING MEDIA BIAS IN THE GAZA CONFLICT
- FROM PANDEMIC TO PLANDEMIC: THE TRUTH REVEALED
- RFK Jr. TAKES THE HELM: A NEW ERA FOR US HEALTHCARE UNDER TRUMP
- The Snowden Effect How Trump’s Pardon Could bring down the deep state
- TRUMP TARGETS USAID: THE HIDDEN WAR ON AMERICA’S GLOBAL HUMANITARIAN ARM
- ELON MUSK CLAIMS GEORGE SOROS HATES HUMANITY
- KENNEDY’S BOMBSHELL: CIA’S ALLEGED CONTROL OF GLOBAL MEDIA