COA to BFAR: Account for ₱237.5-M DAP funds

Punongbayan, Michael

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Date

February 23, 2015

Author

Punongbayan, Michael

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PS20150223_4

Excerpt

The Bureau of Fisheries and Aquatic Resources (BFAR), an attached agency of the Department of Agriculture, received ₱237.5 million from the Disbursement Acceleration Program (DAP) of the government in 2011. Records showed that the money was to be used for mangrove rehabilitation and aquasilviculture and community based multi-species hatchery projects in various parts of the country. The Commission on Audit (COA), in a 2013 report released yesterday, took notice of the BFAR's failure to account for DAP funds through proper liquidation.

Citation

Punongbayan, M. (2015, February 23). COA to BFAR: Account for ₱237.5-M DAP funds. The Philippine Star, p. 4.