Arroyo administration still needs to liquidate P387 million in cash advances, says Executive Secretary Paquito Ochoa

Interaksyon.com reports that the Arroyo administration got a cash advance from government coffers worth P387 million that remains unliquidated up to now.

Interaksyon.com reports that the Arroyo administration got a P387 million cash advance from the government that still remains unliquidated.

Executive Secretary Paquito Ochoa made this revelation during yesterday’s budget hearing at the Senate. While defending a P2.7-billion proposed budget for the Office of the President (OP), Ocha said, "If I may volunteer some information, we have some internal accounting while the Commission on Audit (COA) Report for 2010 has not yet been released, we have on record and under the OP right now as of December 31, 2010, the unliquidated cash advance has a total of P527,190,306," Ochoa said.

 

Ochoa then added, "And out of which, liquidation have been made already to the tune of P203,897,511. And as of August 31, 2011, leaving an unliquidated balace of P367,292,795." He said that the bulk of these cash advances was spent for the foreign travels of the former President Gloria Macapagal-Arroyo. He pointed out that the previous administration did not follow its allotted travel budget for 2009, which was only supposed to be P240 million.

 

Ochoa said that the people responsible for the said expenses are currently being asked to liquidate the advances. However, he could not say if the people being asked to liquidate the advances are still working in Malacañang.

 

The COA report showed that the Arroyo administration’s travel expenses ballooned to P940 million in 2009.

 

For more on this story, log on to Interaksyon.com.

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