CoA flags DoLE fund transfer

It was further disclosed that the implementation of the projects funded by DoLE failed to comply with CoA Circular 94-013

The Commission on Audit (CoA) flagged the Department of Labor and Employment (DoLE) for its alleged failure to liquidate nearly P3.5 billion in fund transfers made to various government agencies last year.

In the recently released 2017 audit report, the CoA found P3.48-billion worth of unliquidated DoLE transactions with various government agencies for project implemented as of 31 December 2017.

“Due to the absence of a monitoring system for the funds transferred to government agencies for the implementation of the projects and for failure to review and analyze the outcomes, the implementation of the fund transfers totaling ₱3,480,946,272.38 is doubtful,” said CoA in the report.

“Moreover, the validity of the total account balances at year-end is likewise doubtful due to failure of implementing agencies (IA) to submit liquidation reports,” it added.

It was further disclosed that the implementation of the projects funded by DoLE failed to comply with CoA Circular 94-013 dated 13 December 1994 as the transactions were not monitored through a monthly report disbursement.

Moreover, the DoLE violated CoA Circular 2007-001 dated 25 October 2007 requiring agencies to submit the final fund utilization report within 60 days from the completion of a project.

The audit report also revealed that the DoLE-Central Office (CO) alone has unliquidated fund transfer amounting to P302.738 million.

The bulk of the amount, or about 74.75 percent, were transferred to national government agencies which totaled P226.303 million by the end of 2017.

In addition, over P180 million worth of the fund transfer made by the DoLE-CO was traced to the Overseas Workers Welfare Administration for the implementation of the agency’s Emergency Repatriation Program.

Furthermore, the DoLE-CO’s due from government-owned or controlled corporations amounted to P5.867 million as of end-2017.