Over three fourths of a billion pesos in tax money in pork barrel passed on to Dinky Soliman’s Department of Social Welfare and Development (DSWD) which then passed these funds on to non-governmental organizations, likely bogus too, remain unliquidated and unaccounted for. This is according to the 2012 Commission on Audit (CoA) report which also noted major flaws in Noynoy and Dinky’s conditional cash transfer (CCT) dole out project, such as insufficient efforts to monitor project implementation and failure to enforce the immediate liquidation of fund transfers which “resulted in minimal settlements on funds transferred to various NGOs and POs and accumulation of account balances of approximately P1.042 billion as of year-end, of which 83 per cent or P872.611 million remained unliquidated for more than one year, part of which amounting to P854.4 million is Priority Development Assistance Fund funded.”
Posted on: Mon, 21 Oct 2013 08:55:19 +0000
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