Coast Guard inventory gap, irregular expenses flagged by CoA
Business

Coast Guard inventory gap, irregular expenses flagged by CoA

The Philippine Commission on Audit (CoA) has flagged a P323.67-million unreconciled difference in the Philippine Coast Guard's (PCG) inventory, P37.89 million in unrecovered contractor advances, and irregularities in fuel and travel expenses in its 2025 audit report, raising concerns about the reliability of the agency's financial statements.

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