More than P268M LGU Cam Norte transactions questionable – COA

COA Findings LGU Cam Norte

Camarines Norte, Bicol, PH – Only P119,364,086.08 million of the questionable disbursements amounting to a total of P268,817,176.60 million by the Provincial Government of Camarines Norte, in 2016 has been settled, with the aggregate remaining balance of P172,173,646.15 million, according to state auditors.

“The notice of suspension and dis allowance is issued on expenditures that are considered “doubtful legality, validity or propriety; illegal, irregular, unnecessary, excessive, extravagant or unconscionable”.

In a released executive summary of its annual audit report for the year 2016, the Commission on Audit (COA) said it had issued notice of disallowances (ND), charge (NC), and suspension (NS) to cover these transactions.

The combined total in 2015 of the notice of suspension, disallowance and charge of the disbursements and expenditures of the Provincial Government of Camarines Norte is only amounting to P22,720,555.63 million.

State auditors have found the questionable increase in the disbursements of more than P268.8 million made by the Provincial Government of Camarines Norte in 2016, in comparing to the previous suspension and disallowances they have been issued to the LGU Camarines Norte in the previous year of 2015.

According to the COA report, the notice of suspension of the disbursements and expenditures amounting to P268, 817, 176.60 million has been issued by COA to the Provincial Government of Camarines Norte.

The COA report said that as of the writing of their audit report, the LGU Camarines Norte has submitted additional documents as compliance with the requirements indicated in the notices of suspension.

However, only P119, 364,086.08 million of the total amount of suspended disbursements has been settled, with the remaining unsettled balance in the amount of P166, 393,052.50 million as of December 31, 2016.

A notice of suspension is issued when transactions are of “doubtful legality, validity or propriety.”

Meanwhile, the notice disallowance, in the amount of P5, 025,384.13 million, is remained unsettled as of December 31, 2016.

Notice of disallowance is issued on expenditures that are considered “illegal, irregular, unnecessary, excessive, extravagant or unconscionable.”

While the notice of charge, in the amount of P755, 209.42 thousand is also remained unsettled as of December 31, 2016, COA said.

A notice of charge is issued when government assets that are disposed of have been under-appraised or under-assessed, or when revenue and regulatory agencies under-collect.

Under COA rules, government officials and employees who are subjects of notices of disallowance and notices of charge are liable to return the amount involved. These notices become final if no appeal is filed against them within 6 months from the date of receipt. – The Fenix Files/rif

One thought on “More than P268M LGU Cam Norte transactions questionable – COA

  1. Pingback: More adverse findings found by COA to the financial transactions of Cam Norte Prov’l Gov’t | The Fenix Files | The FENIX FILES

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