COA urges NVizcaya coops, people's organizations to submit proofs of expenditures, acceptance
Bayombong, Nueva Vizcaya (October 27) -- The Commission on audit(COA) in Cagayan Valley has requested the Department of Trade and Industry(DTI) to issue certificate of inspection and acceptance on the release of P12.6 million Priority Development Assistance Fund(PDAF) to various cooperatives and people's organizations in the province.
The statement was given In an audit observation memorandum by Teresita Somera, state auditor IV and audit team leader for commerce, industry, trade and external affairs dated February 27, 2008 to lawyer Esperanza Banares, DTI regional director for Cagayan Valley.
It said the documents submitted to liquidate financial assistance to various non-government organizations and private organizations amounting to P12.6 million under the PDAF of former congressman Rodolfo Agbayani lacked the necessary documentary evidence to warrant its settlement.
The fund which was given in 2007 represents grants to 192 NGOs and Pos under memorandum of agreement between the DTI regional office 02 and the Tribal Cooperative for Rural Development, Inc.(TRICORD), an NGO conduit of the funds.
The audit observation memo also showed the lack of necessary evidence to prove the actual existence of the project such as certificate of inspection by the DTI and the proof of acceptance/acknowledgement of the member-beneficiaries.
The COA also noted that there was no certificate of accomplishment or acceptance by the beneficiaries other than official receipt or acknowledgement receipt issued by the president or Board of Director chairman and the secretary or treasurer of the organization.
The list of expenditures were not also supported by receipts or signatures of the beneficiaries.
The audit team, it added was able to visit 15 of the recipient organizations or 8 percent of the total recipients and were not able to interview any member-beneficiary because only the officers were there.
The COA also noted that the bookkeeper of one of the recipient organizations, the Solano Organization of Laborers and Indigents for Development(SOLID) did not acknowledge the receipt of some P174,000.00 reportedly released by TRICORD.
"It prompted us to raise doubts as to whether the fund reached the target beneficiaries…," Somera said.
The COA also instructed the DTI to inspect and regularly monitor the project implementation, issue certificate of inspection and acceptance and require the NGO-conduits to submit certificate of accomplishment with evidences such as certificate of acceptance and proofs of expenditures and acceptance of the project funds by the recipient organizations. (PIA NVizcaya) [top]