Several former and incumbent officials of the Veterans Federation of the Philippines (VFP) are facing charges of plunder, graft and violation of the procurement law at the Office of the Ombudsman in connection with P559 million veterans fund that remains unaccounted for.
A number of veterans, who also identified themselves as heads of charter member organizations of the VFP, filed the complaint together with the Citizens Crime Watch and Volunteers Against Crime and Corruption (VACC).
They also accused the respondents of serious dishonesty, grave misconduct, refusal to perform official duty and conduct prejudicial to the best interest of the service.
The VFP, they said, is a state-owned firm created to represent the interests of veterans, among others, and is under the supervision of the Secretary of National Defense.
“However, over the years, the VFP has been functioning as a private entity. Its officials had been operating the VFP as a private corporation,” they alleged in the complaint.
According to the VACC, their basis was a report of the Commission on Audit (COA). They alleged that from 1985 to 2007, there were no records of financial transactions while from 2008 to 2013, P559,062,863 million was unaccounted for.
It likewise cited the result of the Department of National Defense (DND) management audit which said that VFP “is mismanaged.”