[In the news] COA 2010 audit: P193-M for calamity victims unused, kept in bank – GMAnetwork.com

COA 2010 audit: P193-M for calamity victims unused, kept in bank
December 30, 2011, GMAnetwork.com

  Donations for calamity victims amounting to over P193-M accumulated in a deposit account in an Authorized Government Depository Bank (AGDB), according to the Commission on Audit (COA) annual audit report on the Department of Social Welfare and Development (DSWD).

The COA said that from 2004 to 2010, P193,673,317.98 in donations meant for calamity victims were unused.

In a report by Sandra Aguinaldo on GMA News24 Oras,” DSWD Secretary Dinky Soliman said that the amount has been returned to the National Treasury, but they recently requested to use it for the victims of tropical storm Sendong.

Soliman  explained that the donations were left in the bank because the needs of disaster victims had already been met without using the fund.

“Marami po talagang pumasok na pera para po sa Ondoy and other disasters na hindi naman kinakailangang gastusin lahat sapagkat natugunan naman ang mga pangangailangan ng mga nasalanta,” she said in the report.

Read full article @ www.gmanetwork.com

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