PCG ends 2012 with P57-M unliquidated cash advances

THE Philippine Coast Guard (PCG) has accumulated P57.6 million of unliquidated cash advances as of 2012 yearend, of which most part of it were used for field operating expenses and foreign travel.

The Commission on Audit (COA) disclosed in its report that the yearend balance of the “Advances to Officers and Employees” stands at P57.6 million, with field operating expenses forming the biggest with P52.68 million.