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Saturday, October 2, 2021

Magkakaalaman na! COA to audit gov’t funds received by PH Red Cross

Acting on President Rodrigo Duterte’s orders, the Commission on Audit (COA) will conduct a special audit of public funds received by thee Philippine Red Cross (PRC) from government agencies.

In a memo dated September 23, COA chairman Michael Aguinaldo instructed government agencies to submit audit findings per sector on the subsidies and/or fund transfers received or utilized by PRC from January 2016 until September 3021.

Aguinaldo previously said COA had no jurisdiction to audit PRC in response to Duterte’s order for state auditors to look into its books.

Duterte’s order to audit PRC came at the heels of the ongoing investigation of the Senate blue ribbon committee into the government’s multibillion-peso transactions with Pharmally Pharmaceutical Corp.

The Senate panel is led by Senator Richard Gordon.

In a taped briefing which aired September 11, Duterte said there would be a “long legal battle” if Aguinaldo refuses to audit PRC.

The President said PRC could be audited because of the subsidies it had received from the government.

“Any money belonging to the government of the Republic of the Philippines given to the agency, whatever be the nature, if they are operating here and you receive the money and spend it, you are accountable to the government and therefore an audit is in order,” Duterte said.

The post Magkakaalaman na! COA to audit gov’t funds received by PH Red Cross first appeared on .

Source: Latest Politics News Today (Politics.com.ph)

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