Unliquidated Cash Advances

On Robredo’s “Transparency at Work,” which is actually “Transparency at Worst,” I cited last week COA’s findings of unliquidated cash advances for year ended Dec. 31, 2007: “Cash advances amounting to P1,896,885.55 were granted without first settling or a proper accounting thereof was made of the previous cash advance, while cash advances totaling P8,168,269.61 were not liquidated within the prescribed period, contrary to Sections 4.1.2 and 5.1 of COA Circular No. 97-002, respectively. These defects created doubts on the validity and regularity of the grant and liquidation thereof.”