House panel to continue probe of OVP, DepEd’s P612.5M confidential funds

Quick Summary:

IN the wake of the Office of the Vice President’s boycott of a congressional hearing, the House Committee on Good Government and Public Accountability vowed to continue looking into the potential misuse of P612.5 million in confidential funds managed by the Department of Education (DepEd) and the Office of the Vice President (OVP), both of which are led by Vice President Sara Duterte.

The OVP received P625 million in confidential funds for late 2022 and all of 2023, with the COA reviewing P500 million and noting significant irregularities.

He added, “Over the two years, P612.5 million was allocated in confidential funds to the OVP and DepEd.Where is that money now?

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Author / Journalist: Jovee Marie N. de la Cruz

Category: BusinessStartups

Markets: PhilippinesFrance

Topics: President Confidential Deped Vice Million P612 House Office Committee Funds Chua

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 15:09:47 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 847 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Business Mirror

News ID: 23433805

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