Philippine VP Office Ordered to Return P375M Confidential Funds
The Philippine Office of the Vice President (OVP), led by Sara Duterte, has been ordered by the Commission on Audit to return P375 million in confidential funds for 2023. The funds were flagged for alleged misuse and unauthorized allocation, with critics calling the act malversation.
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New COA notice orders Sara Duterte to return P375-M OVP confidential funds for 2023
The latest COA order is on top of the P73 million in confidential expenses of the OVP that were disallowed by state auditors for the fiscal year 2022
By Dwight de Leon
Read full article →OVP’s use of secret funds for different purpose is malversation — Ridon
MANILA, Philippines — The Office of the Vice President’s (OVP) utilization of confidential funds (CF) outside of its intended purpose is already tantamount to malversation, Bicol Saro party-list Rep. Terry Ridon said on Monday. Ridon, in an ambush interview was asked if the two notices of disallowance issued by the Commission on Audit’s Intelligence and Confidential
By postie
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