COA: DOTC has 40 cars worth P1 each


Posted at Feb 05 2014 11:21 PM | Updated as of Feb 06 2014 07:21 AM

MANILA, Philippines – The Department of Transportation and Communications (DOTC) allegedly has a fleet of 40 cars with an assigned price tag of P1 each, according to a Commission on Audit (COA) report.

“Verification of the SSLB (statement of subsidiary ledger balance) at DOTC as of December 31, 2012 also disclosed that 40 motor vehicles reflected a value of only P1 per unit,” the COA said in its 2012 audit report.

The COA report was released last January 30, while a copy was received by the office of Transportation Sec. Jun Abaya on January 3, 2014.

Auditors tracked down some of the vehicles and found that 22 of the 40 units were with DOTC, 19 of which were listed as “serviceable” while three others are “unserviceable”.

Eleven more units were found to have been “loaned” to other government offices despite only 7 being in good condition.

The remaining 7 units, meanwhile, were listed as having “no records with the Property Office” and “unaccounted”.

According to the DOTC, the 40 vehicles were recorded at a cost of P1 each “for monitoring purposes only” as they were received from various projects with incomplete documentation.

No actual appraisal was conducted to determine the proper market value of the vehicles.

COA has required the DOTC Property Officer to conduct a complete physical count of all properties and submit a report.

COA also reported that the DOTC-Property Division has several vehicles listed that cannot be located during the inventory.

“Motor vehicles at DOTC showed a total of P19,481,754.86 were recorded in the books but were not found during the physical inventory. The same number of units were without records of ownership filed in the Property Division,” COA said.

A second set of vehicles with a total value of P2,335,022.89 were supposedly transferred to other government agencies, but COA said there were no records of proper assignment of property.

“Confirmation letters sent to said (recipient) agencies revealed that the vehicles were not found in their records nor reported to be in their possession,” auditors said.