• Malverse raps eyed over cash advances

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    THE Commission on Audit (COA) is set to recommend the filing of malversation charges against a number of government officials who failed to liquidate cash advances despite repeated requests from the commission.

    Speaking before the Senate blue ribbon committee hearing Thursday, Chairman Grace Pulido-Tan disclosed that billions in cash advances and cash transfers made by various government agencies in the past remain unliquidated and they are now making a list of liable officials for filing of appropriate cases through the Office of the Ombudsman.

    “We have a provision in the law that when somebody is given a cash advance, and was not able to liquidate that within the prescribed period there is already a presumption that that money was malversed,” Tan told Senate investigators.

    Tan explained that there are three different of cash advances that can be availed by government agencies namely regular cash advance, special purpose cash advance and time bound cash advances and it is the officials of the agency that approve it.

    All cash advances regardless of the type must be liquidated within 30 to 90 days from the time the cash was released.

    She said that the COA had been making demands year in and year out but to no avail.

    “We were able to come up with a list of these individuals and organizations that have not made liquidation and we are now in the process of making through review, so that we can file the appropriate cases through the Office of the Ombudsman,” she said.

    Government agencies have been remiss settling their unliquidated cash advances even 10 to 15 years back, she said.

    She added that there are even some agencies that have billions of pesos in unliquidated cash advances.

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    1 Comment

    1. If unliquidated then the Director has time to think and corrupt the cash advances as to which to used or pump this advances, by then keeping it more than its period leaves to be corrupted or time to conspiracy to make hide of diabolical Agenda. Transparency of item and usage must be included in the Website link of the Agency for the public to know how it was used. These is the compelling reason to pass urgently the pending FOI bill to prevent agency from corruption.