The bible of Philippine politics

Simot sa isang buwan! Honasan diverts P300M of DICT’s funds for confidential expenses

0 29,488

Department of Information and Communications Technology (DICT) Secretary Gringo Honasan allegedly diverted P300 million of the agency’s budget in one month for confidential expenses that will not be subjected to regular audit.

Documents obtained by Politiko showed Honasan made three cash advances worth P100 million each between November 26, 2019 and December 17, 2019.

Disbursement vouchers 19-11-4223, 19-12-4852 and 19-12-4699 were all made for the same purpose: “Cash advance for Confidential Expenses in connection with Cybersecurity Activities.”

Of the three cash advances, only the one made by Honasan in November 2019 has been liquidated to date.

A source told Politiko that Honasan made it a priority to use the existing notices of cash allowance (NCA) and special allotment release orders when he assumed office in July last year.

Honasan allegedly did this at the expense of DICT’s other payables, such as bills and expenses for key projects.

“The real reason for the cash advances is to divert the money to the confidential fund,” the source said.

DICT Undersecretary Eliseo Rio has resigned from the agency, with the Philippine Star reporting about alleged anomalies in fund disbursements as the reason.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy