Misutilization of Socio-Civic Project Funds and Unauthorized Fund Advances
National Housing Authority · 2024
This summary was generated automatically from the source document and may contain errors. It is not an official interpretation and should not be relied upon as legal guidance. Review the original excerpt and source document to verify before citing or acting on it.
What Happened?
Category: Financial ManagementIssue: Non-complianceFunds received from the Office of the President for socio-civic projects were spent on unauthorized expenses and large cash advances to the local government of Marawi that fell outside the intended scope of the fund.
Why It Matters
Recommended Actions
- Revert the amount charged against the OP - MRRRP Trust Fund and coordinate with the LGU of Marawi City to liquidate or return the funds advanced to them;
Original Audit Finding Excerpt
"Socio Civic Project Fund transferred by the Office of the President of the Philippines (OP) was utilized for various expenses amounting to P599.318 million and for advances to the City Government of Marawi amounting to P813.013 million which are not among the intended purposes of the Fund, contrary to Section 6 of the General Provision of the General Appropriations Act (GAA) for Fiscal Year (FY) 2023, Sections 4(3) and 84(2) of PD No. 1445 and the Memorandum of Agreement (MOA) between OP and NHA."