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
More than 9.12 million metric tons of silt, waste, and debris have been removed from major
The Philippines and Singapore signed a landmark implementation agreement on carbon credits under the Paris Agreement,
President Ferdinand Marcos Jr. led the inauguration of the P1.21-billion Hibulangan Reservoir Irrigation Project in Leyte,
The Atin Ito civil society coalition is set to carry out its fourth civilian-led mission to
President Ferdinand Marcos Jr. and former Japanese Prime Minister Kishida Fumio reaffirmed the Philippines and Japan’s