THE Department of Finance (DoF) has uncovered a P50-million “white elephant” information technology (IT) project supposedly meant to support the Treasury’s operations in Manila from a remote location in the Visayas.

In a statement on Wednesday, the DoF said the project called for a state-of-the-art “Disaster Recovery” (DR) Site for the supply, delivery, installation and commissioning of various information and communications technology equipment, including the supply of labor, services and materials in support of the Bureau of Treasury in Manila from the unidentified remote city.

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