Published July 11, 2021, 3:34 PM
The Department of National Defense (DND) clarified Sunday, July 11, that some of the “unauthorized” bank accounts of the Armed Forces of the Philippines (AFP) that were flagged by the Commission on Audit (CA) cannot be closed immediately as these contain the depository accounts of the military’s on-going projects.
A Philippine flag is hoisted as Defense Secretary Delfin Lorenzana (right) talks to Armed Forces of the Philippines Chief of Staff Gen. Cirilito Sobejana during the celebration of the 123rd Philippine Independence Day on June 12, 2021. (Photo courtesy of DND)
Defense Secretary Delfin Lorenzana said he already issued a guidance to the AFP through its Chief of Staff, Gen. Cirilito Sobejana, to expedite the closure of some 20 bank accounts with a total balance of P1,812,797,567.87 that were maintained “without the required authority.”