COA Uncovers P27.9M in Idle Funds at Tagbilaran City Hall
A Commission on Audit (COA) report has uncovered P27.9 million in idle or incompletely implemented fund transfers at the Tagbilaran City Government, hinting possibilities about financial mismanagement and failed project execution. The latest audit found that the “Due to National Government Agencies (NGAs)” account balance of P27,918,457.51 included funds idle for over a decade, unspent portions of…
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