DBP Bonuses Worth Almost P300 Million Disallowed by COA
The top officials of the state-owned Development Bank of the Philippines is now under fire after the Commission on Audit (COA) disallowed the almost P300 million worth of bonuses for being “irregular and excessive,” under the agency’s rules. COA released a notice of disallowance sent to DBP, as they noted that the bonuses approved by … Read more