Day: December 8, 2009

The Commission on Audit’s annual reports on Maguindanao have always highlighted deficiencies in the province’s finances. In its 2008 audit report, the commission found that it could not ascertain the validity of the provincial government’s claim that the province had more than P107 million pesos deposited in banks. The COA also could not verify the existence of properties and assets worth P345 million pesos that the province said it had.