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CoA Flags Billions of Pesos in NIA Accounting Deficiencies

Senators said the agency has not fully used prior funds, while auditors flagged P31 billion in accounting mismatches and P7.7 billion in deficient projects.

Summary by bworldonline.com
THE Commission on Audit (CoA) flagged a P31-billion mismatch in the National Irrigation Administration’s (NIA) property accounts and P22.8 billion in assets without supporting property records, alongside billions of pesos in deficient or nonoperational irrigation projects. State auditors found a P31-billion discrepancy between NIA’s general ledger balances and physical inventory reports, while P22.8 billion in […]

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GMA Filipino News broke the news in Quezon City, Philippines (the) on Thursday, September 17, 2026.
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