COA questions CAAP over P500M spent for 10 execs’ life insurance

Credit to Author: racosta| Date: Sat, 17 Aug 2019 22:00:55 +0000

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MANILA, Philippines — The Commission on Audit (COA) has called out the Civil Aviation Authority of the Philippines (CAAP) for purchasing life insurance plans worth a total of P500 million for 10 of its officials, despite lack of board approval and proper selection criteria. In its annual audit report, the COA said the insurance plans, […]

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