.
COA prompts PPA to protect land titles of their homes worth P605 B.
The Commission on Audit (COA) has actually asked the Philippine Ports Authority (PPA) to take immediate legal actions to secure the land titles for over P605 billion worth of reclaimed locations and land still not covered by original certificate of title, tax statement or any other file showing ownership by PPA.
Philippine Ports Authority (PPA) (MANILA PUBLICATION).
COA likewise warned it will disallow the disbursement of over P140 million the Authority paid to workers and officials who are not covered by the grant of numerous allowances and financial rewards given up1989
” We advised that management review payments made to officials/employees who were paid other advantages even they were not incumbents of the Authority before the Income Standardization was passed and deduct correspondingly from their incomes,” the 2019 yearly audit report for PPA said.
In the audit report that was just recently released by COA, the state audit firm said that the continued failure of PPA to secure land titles and other ownership documents to some P60563 billion worth of land is contrary to Presidential Decree No.1445
Audit of the PPA homes revealed that seven Port Management Offices (PMO) under the PPA have parcels that are yet to be covered by Original Certificates of Title, Tax Statement or any file indicating ownership by the state-owned firm.
The PMO in Misamis Oriental/Cagayan de Oro still does not have land titles to 242,831 square meters of recovered and expropriated land worth P1,249,975,92727
The same problem prevails in PMO Bataan/Aurora where P24558 million worth of reclaimed locations for port growth and other purposes are yet to be entitled to PPA.
Initial Certificate of Title for NCR North land with book value P1497 billion and for NCR South with book value of P4152 billion have yet to be protected.
The 606,740 square meter port area home in NCR South is likewise being claimed by the Government Service Insurance Coverage System.
” The 606,740 sq. meter land topic of dispute with GSIS was the recovered location of the North Harbor, Manila Bay with an area consisting approximately of 375.34 hectares,” COA revealed.
The PPA management assured COA that it has actually taken steps to have their residential or commercial properties entitled.
The PPA headed by General Manager Jay Daniel Santiago also challenged the audit observati
Learn More