Misuse of Socio Civic Project Fund
National Housing Authority · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceMoney meant for specific civic projects was spent on other things and given as advances to a local government, which is not allowed by the rules.
Why It Matters
Recommended Actions
- Strictly comply with the provisions of MOA, GAA for FY 2023 and PD No. 1445 relative to the use of trust fund by utilizing only for the specific purpose of the trust funds received;
Original Audit Finding Excerpt
"88 AGENCY ACTION PLAN and STATUS OF IMPLEMENTATION RESULTS OF COA VALIDATION Ref. Audit Observations Audit Recommendations Agency Action Plan Status of Implementati on Reason for Partial/Delay / Non- Implementation, if applicable Action Taken/Action to be Taken Date of Follow- up Status of Implemen- tation Actual Implementation Date Remarks Action Plan Person /Dept. Responsible Target Implementation Date From To From To the donated assets considering the donor requirements. e. GSD is yet to identify nearby government offices, barangay offices, or government health hospitals/clinics where the semi - expendable properties can be donated. No. 23 page 224 The granting of Provident Fund (PF) employer’s share to officers and employees amounting to P19.055 million for the period May to December 2022 and P28.739 million for CY 2023, totaling 47.794 million upon implementation of NHA of the Compensation"