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‘No irregularities in PCG fund utilization’

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‘No irregularities in PCG fund utilization’

Post by Guest on Fri Apr 01, 2011 9:36 am

03/29/2011
The Daily Tribune Inc

The Philippine Coast Guard (PCG) yesterday denied that there are irregularities in the fund utilization of the agency.

The PCG said that the P125 million fund released or transferred by the Department of Transportations and Communications (DoTC) to the PCG from the P450 million special allotment released by the Department of Budget and Management (DBM) to the DoTC on Jan.19, 2007 was used to procure marine pollution and hazardous material equipment for the Marine Environmental Protection Command, and repair of vessels and air assets, which were utilized not only for search and rescue operations but also for marine environmental patrols and oil pollution prevention activities. All transactions were “above board and properly documented,” the PCG added.

The remaining amount of P325 million out the of the P450 million was never released to the PCG and the PCG has never been involved in the procurement proceedings in relation with the said P325 million.

“The allegations against PCG are recycled issues and were addressed earlier when the issues came up three years ago,” the PCG statement said.

The CoA Web site remains the best source of information of any negative audit reports on any financial transactions of government agencies, including the PCG.

The PCG also belied any graft case pending at the Office of the Ombudsman against top officials of the agency, including Commandant Admiral Wilfredo Tamayo. Admiral Tamayo who is set to retire next month has been cleared by the Office of the Ombudsman in relation to his retirement.

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