Daily Tribune

METRO

CoA flags P1.19-B unliquidated PSC aid

Jerod Orcullo · Oct 10, 2026, 11:48 PM

An audit of the Philippine Sports Commission (PSC) found P1.19 billion in unliquidated financial assistance granted to National Sports Associations as of 2025.

The Commission on Audit (CoA) said the amounts lacked supporting documents from nongovernment and people’s organizations that received the aid.

State auditors noted a significant increase in the PSC’s unliquidated balances, from P273.99 million in the previous year to P1.19 billion in 2025.

“Account analysis revealed that this significant increase was driven mainly by newer accounts with less than 30-day past-due accounts and more than 30-day past-due accounts surging substantially in CY 2025,” the report said.

The Philippine National Volleyball Federation accounted for the largest share of the balance, with P690 million in unliquidated assistance.

The Gymnastics Association of the Philippines and the Philippine Olympic Committee also had substantial unliquidated balances of P195.99 million and P86.37 million, respectively.

“The existence of the long-outstanding advances is not in accordance with Section 5.4 of CoA Circular 2007-001 requiring the NGO/PO representatives to submit complete liquidation and utilization reports within the prescribed period,” the CoA said.

The audit agency warned that the unliquidated balances exposed government funds to possible misuse or unauthorized expenditures because the implementing organizations had not confirmed that the money was used for its intended purpose.

CoA also questioned the PSC’s handling of long-standing unliquidated accounts, describing its approach as “ineffective and necessitates other mechanisms,” including measures to regulate fund releases and initiate legal action or suspend funding.