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Monday, February 19, 2018

Itanong mo kay Dinky: More than P10B in DSWD funds missing- COA



The Commission on Audit (COA) has uncovered several red flags in the Department of Social Welfare and Development’s implementation of the Conditional Cash Transfer (CCT) program.

In its audit report, released Tuesday, COA said some P10.2 billion in CCT funds might have been misused as the amount remains “unliquidated without any recorded or documented disbursement of funds transferred.”

“The inability of the (implementing agencies) to submit liquidation reports created doubt on the proper implementation of the programs involved as well as in the proper utilization of funds. This also exposes funds to unauthorized use,” COA said.

CCT, the Aquino administration’s flagship poverty-alleviation program, involves giving cash dole-outs to families every month as long as they meet requirements such as sending their children to school and letting pregnant women and babies have their regular checkups.

Aside from unliquidated funds, COA also found at least 4,300 double entries in DSWD’s list of beneficiaries.

COA has asked the DSWD to impose sanctions— such as withholding funds—on government agencies and local government units that fail to liquidate their allocations for CCT.

http://www.filipinoinfo.com/itanong-mo-kay-dinky-more-than-p10b-in-dswd-funds-missing-coa/

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