Unsettled Audit Suspensions, Disallowances, and Charges
Department of Public Works and Highways · 2024
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What Happened?
Category: Financial ManagementIssue: Non-complianceThe agency owes a very large amount of money (more than 17 billion pesos in total) from audit findings that have not been resolved. The responsible people have not paid back the funds, so the government risks losing that money permanently.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"The DPWH offices has outstanding balances for audit suspensions, disallowances, and charges totaling P14,955,576,891.00, P2,397,081,425.94, and P3,218,925.91, respectively, as at December 31, 2024, contrary to pertinent provisions of COA Rules and Regulations on Settlement of Accounts prescribed under COA Circular No. 2009-006."