Disbursements Made Without Complete Supporting Documents
Department of Public Works and Highways · 2023
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What Happened?
Category: Financial ManagementIssue: Unsupported ExpenditureBillions of pesos in government funds were disbursed without the complete required paperwork, making it impossible to fully verify the validity of the transactions.
Why It Matters
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Original Audit Finding Excerpt
"Disbursements aggregating P 20,346,969,684.88 were made without proper and complete supporting documentary requirements contrary to Section 4(6) of Presidential Decree No. 1445 and COA Circular No. 2012 -001"