The Commission on Audit (COA) has directed the Department of Education (DepEd) to return P12.3 billion from its 2023 budget due to irregularities in bidding processes and unmet project targets.
The COA report revealed that P10.1 billion was suspended, P2.2 billion was disallowed, and P7.38 million was charged for noncompliance with laws and regulations.
Despite DepEd’s acknowledgment of the issue, the funds remain unsettled, prompting COA to recommend immediate action and potential penalties for accountable officers.
Key projects flagged include the DepEd Computerization Program and the Last Mile Schools initiative, both of which showed significant delays and low completion rates.
Amid these findings, calls for accountability have grown, with lawmakers pushing for investigations into DepEd’s budget management and procurement practices.
Source: PhilNews24 | September 4, 2024
DEPED FACES COA ORDER TO REPAY P12.3 BILLION IN MISUSED FUNDS
Latest from News
President Ferdinand Marcos Jr. on Thursday emphasized that education reforms in the Philippines must outlast his
The Philippines has become Southeast Asia’s top tourism economy, generating nearly US$92 billion and supporting over
At least 40 current and former Bureau of Fire Protection (BFP) officials who served on its
The Department of Public Works and Highways (DPWH) will construct P1.8 billion worth of housing for
The Armed Forces of the Philippines (AFP) on Friday rejected social media claims that misrepresented findings