THE Philippine Postal Corp. (PHLPOST) used P165 million in Disbursement Acceleration Program (DAP) funds to pay the insurance premiums of its officials and employees in 2011, the Commission on Audit (COA) said in a report.
In a 2013 report, the COA questioned the use of DAP funds which are intended as an economic stimulus, but which PPC used to settle its account with the Government Service Insurance System (GSIS).
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