Financial Loss

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Coa holds ex-pcgg officials liable for p190-million loss in property sales

Raj Patel

The Commission on Audit has held five former officials of the Presidential Commission on Good Government, including ex-chair Juan Andres Bautista, liable for selling three sequestered properties at undervalued prices from 2012 to 2014, causing government losses of over P190.1 million. Coa rejected their petitions in a 16-page en banc decision released on October 24. Auditors questioned the sale prices based on a new appraisal by the Coa's Technical Services Office.

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