MALACAñANG on Thursday said government-owned and -controlled corporations (GOCCs) that were found to have billions in unliquidated funds released through the controversial Disbursement Acceleration Program (DAP) should make an explanation in accordance with government auditing rules.
“They [GOCCs] have the opportunity and sufficient time to submit their replies based on the COA [Commission on Audit] findings,” Presidential Communications Secretary Herminio Coloma Jr. said.
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