COA reminds accountable officers to insure gov’t properties

LAOAG CITY — The Commission on Audit (COA) is reminding all accountable officers of the Department of Education (DepEd) in Ilocos Norte to fully comply with the Property Insurance Law.

While providing updates on the new circulars of the commission, lawyer Romulo Rivera, Regional Supervising Auditor of the National Government Sector-Education and Employment of COA-Region 1, on Thursday told concerned DepEd officials and personnel here to ensure the protection of public properties by insuring them with the Government Service Insurance System.

In Ilocos Norte, several school principals and teachers admitted not all properties of the school such as the old school buildings are properly insured due to numerous requirements being asked from them.

Section 5 of Republic Act 656 otherwise known as the Property Insurance Law states, “Every government, except a municipal government below first class, is hereby required to insure its properties with the fund against any insurable risk herein provided and pay the premiums thereon.”

He likewise explained to around 1,000 participants of the 2018 Financial Management Summit held at the Plaza Del Norte Convention Center here on Thursday that they can exercise their right of appeal should they have accountabilities with the government before they retire from service.

According to Rivera, “there are some retiring school principals who seek legal advice with the COA whenever they have unsettled accountabilities which could have been avoided if only they followed the correct procedure before it was too late.”

To avoid unnecessary expenses, Rivera said the right of appeal can be filed within 30 days after the incident or when a government property is stolen or damaged. He likewise reminded accountable officers of DepEd “not to mix personal cash with government cash” to avoid complications in the future. (Leilanie Adriano/PNA)

Popular

PBBM reaffirms commitment to transparency, vows to keep working hard for Filipinos

By Brian Campued President Ferdinand R. Marcos Jr. on Wednesday assured the public that his administration would continue to “work very hard” on advancing the...

PBBM welcomes new envoys of Belgium, UK

By Dean Aubrey Caratiquet As part of the government’s persistent efforts to expand bilateral relations with key allies, President Ferdinand R. Marcos Jr. warmly welcomed...

PBBM orders modular shelters in quake-hit areas instead of ‘tent cities’

By Brian Campued President Ferdinand R. Marcos Jr. ordered concerned government agencies to set up modular shelter units instead of tent cities in earthquake-hit areas,...

OP extends P298M financial aid to quake-hit LGUs in Davao, Caraga

By Brian Campued The Office of the President (OP) released a total of P298 million in financial assistance to local government units (LGUs) affected by...