Sunday, December 9, 2012

INQUIRER; OJ TOLD TO REMIT P73-M VICTIMS' COMPENSATION FUND TO NATIONAL TREASURY - COA: "We understand the predicament of the agency, however, we uphold our position that management has no reason to maintain the collections; hence, the same should be remitted to the Bureau of Treasury..." CoA said. It noted that since it is not remitted to the national treasury, it has been easy for the DoJ to use it for expenses other than its purpose. CoA documents showed that there were a total of P5,503,766.63 expenses taken from the VCF "which are not related to the purpose for which it was established."

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