NNC let assets rot – COA report

MANILA, Philippines - The National Nutrition Council (NNC) failed to dispose of the agency’s unserviceable assets and allowed the same to simply rot, according to a report of the Commisson on Audit (COA).

Three motor vehicles, good lumber and plywood that could have been sold for thousands of pesos ended up losing their resale value, said the COA report released recently.

State auditors noted that when government property has become unserviceable, or is no longer needed, it should be inspected and sold.

Records showed that the three motor vehicles have been parked at the NNC compound since 2009.

“Considering the four years that have elapsed, and management has not taken action to dispose of these vehicles, their salable value has diminished,” the COA report said.

Government auditors said that piles of wood valued at P38,000 were likewise not disposed of in 2010.

The NNC explained that the delay in the disposal of its assets was largely due to lack of personnel to do the job.

But the COA said officials of the agency should require its property officer to dispose of these assets to prevent further deterioration, and to derive income from salvage values thereof.  

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