Académique Documents
Professionnel Documents
Culture Documents
Ginez,
Chairman, Land Transportation
Franchising and Regulatory Board
(LTFRB), East Avenue, Quezon City, for
authority
to write off unliquidated cash advances of
three former LTFRB employees, in the
total amount of P29,399.50
DECISION
On April 16, 2015, Atty. Ginez filed the request for authority to write off the
foregoing cash advances alleging that all possible efforts were exerted to cause their
liquidation or settlement but to no avail. In support thereof, Atty. Ginez submitted the
following documents:
4. Individual demand letter dated January 11, 2012 to Atty. Plan, 5 Mr.
Gamayo, 6 and Atty. Cataluña 7 issued by the Audit Team Leader (ATL),
LTFRB.
In a Memorandum dated June 11, 2015, the ATL and the Supervising Auditor
(SA), LTFRB, recommended the grant of the request considering that diligent efforts
exerted by the management and the former ATL to cause the liquidation of
the cash advances through the issuance of demand letters proved futile, and considering
further that the whereabouts of the accountable officers are unknown and they are no
longer connected with the LTFRB. 8 However, the Director, Cluster 7, National
Government Sector, this Commission, in her Memorandum 9 dated August 25, 2015,
recommended the denial of this request.
ISSUE
The issue to be resolved is whether or not the request for authority to write off may
be given due course.
DISCUSSION
The accounts have been dormant for nine to 18 years, hence, they may now be
written off from the books of accounts of the LTFRB in order to provide reliable and
fairly presented financial statements of the agency.
RULING