Unliquidated fund transfer to NIA from 1989–1990
Department of Public Works and Highways · 2024
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What Happened?
Category: Financial ManagementIssue: Unliquidated Fund TransferMoney transferred to NIA more than 30 years ago still has not been accounted for, and NIA never answered the agency's demand letter.
Why It Matters
Recommended Actions
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Original Audit Finding Excerpt
"This represents funds transferred to the National Irrigation Administration (NIA) in 1989 to 1990 which remained unliquidated as at year-end. A demand letter dated April 12, 2011 was sent to the Administrator of the NIA for the immediate submission of the audited Statement of Disbursements with the corresponding Credit Notice issued by the COA Auditor. The Accounting Division did not receive any response from the NIA Office."