No irregularities on P314-M heavy equipment procurement
DAVAO CITY –The Commission on Audit (COA) in Davao Region sees no irregularities on the alleged overpriced heavy equipment purchased by Davao de Oro Provincial Government in 2018.
In a document obtained by NewsFort signed by COA Supervising Auditor Floreen Marie O. Verdad, it stated that the conduct of fraud audit on alleged overpricing of heavy equipment bought by the provincial government worth P314 million is not necessary since the allegations were already addressed.
“The allegations were sufficiently addressed by the Audit Team Leader, ” Verdad said in the document.
The document stated that the audit team who looked into the complain, obtained a signed quotations from different dealers where the items were canvassed to assess the reasonable price for heavy equipment. READ MORE