P101.8B Lost To Graft under aquino

[gwaping]

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MANILA, Philippines — Despite the vigorous campaign of the Aquino administration against corruption, the government still lost P101.816 billion to graft last year.
This was contained in a report released by the Commission on Audit (COA).
The result of the COA report is a big blow to the administration as no less than President Benigno S. Aquino III is determined to get rid the government of officials involved in anomalous transactions.
The paper called “Audit Performance Summary Report for CY 2011” was the first of its kind drafted by the COA and released on September 27, 2012.
Copies of the report were furnished by COA Chairman Ma. Gracia M. Pulido Tan to President Aquino, Senate President Juan Ponce Enrile, Speaker Feliciano R. Belmonte Jr., Senate Committee on Finance Chairman Franklin M. Drilon, and House Appropriations Committee chairman Joseph Emilio A. Abaya (newly appointed Secretary of the Department of Transportation and Communication).
“For CY 2011, unauthorized/irregular/unnecessary expenses, unliquidated cash advances, violations of the Procurement Act, underassessment/under collection, unutilized/ineffective projects, and lack of appropriation constituted the most number of cases where the public coffers suffered unwarranted loss,” COA stated in its report.
The report listed 19 schemes by which various government agencies siphoned off huge sums of taxpayers’ money. However, the report only listed the top 10 schemes.
Based on computations by state auditors, the biggest problem was “underassessment or undercollection” where government lost P20.813 billion on 157 cases of irregularities recorded.
According to COA’s 2009 Revised Rules of Audit, underassessment or undercollection happens when a government collecting agency fails to properly appraise revenue that is supposed to be paid to the government.
Profligacy or reckless spending came a close second accounting for P18.654 billion. The report listed 1,642 cases of “unauthorized, irregular or unnecessary expenses.”
Questionable government supply contracts, including those without public bidding or not in accordance with the provisions of RA No. 9184 or the Government Procurement Reform Act, was at third spot, costing the public P15.163 billion last year. COA recorded 692 contracts that fell under this category.
Some 104 “unutilized and/or ineffective projects” worth P13.584 billion was at No.4, followed by P7.534 billion in unliquidated cash advances involving 1,003 cases.
Other schemes are: “unliquidated cash transfers” – P6.8 billion; “fictitious claims/expenses” – P5.199 billion; “unremitted/uncollected incomes” – P3.512 billion; “unimplemented projects/unutilized funds” – P3.276 billion; “delayed implementation or suspended projects” – P2.554 billion
As of December 2011, COA said it has referred 744 cases to the Office of the Ombudsman for legal, civil, and administrative action.
The cases involved various projects and activities of the government with a total value of P7.43 billion.
The cases include recommendations for filing of 78 indictments for graft and corruption, 451 charges for malversation of public funds and properties, and other offenses.
“The COA is closely working with the OMB to ensure the successful investigation and prosecution of cases against officials and employees involved in graft and corruption and violation of pertinent laws and rules in government operations,” auditors said in the report.




P101.8B Lost To Graft | The Manila Bulletin Newspaper Online

[vipvip68]

I wonder how this number stacks up to the last 10 years under the previous admin. Manila bulletin should include that also in their report para fair and balanced sila.

[windshock]

having a seat in the government is a lucrative business.

[garlic]

101B gani ang nakit-an. abot lng kung apilon ang uban.

[peewee_toot]

"walang mahirap kung wlang kurap"

pa ilad pa mo...

[reptoid]

Nobody enjoys paying taxes, but when you suspect that a big chunk of the money you pay goes into the pocket of a bunch of fat-cats where is the incentive to contribute? Has the graft situation improved?... I really don't know, but I don't see any hard action against politicos and their mysterious wealth. Folks are still hiding money and assets in other peoples' names and are frequently not shy about it either.

[Code Talker]

ka datu unta sa Pinas kung wlay graft/corruption

[jangska]

sus mag pa ilad man ta ani nila. pila ra gud sweldo naa sa goberno ug pila ka million ilang i.gasto sa ilang campaign inig dagan nila.

inig lingkod ana nila ang ilang gi gasto sa campaign bawion jud na.

di ko mo tuo anang mo lingkod para makatabang sa mga pobre. wa gae tingae ni katabang sa ilang relatives na kadugo ra kana pa nuon pila ka million nga pinoy nga di nila ka dugo.

[mybuuz]

wala gyud napobre nga politician sukad, ang ila hinuon nasakupan for sure naporbre.

[jonz]

lisud imbtun ang casia nga kahoy nga ni gamot na pag ayo kung usa ra ka tao ang mo ibot...