COA calls out PS-DBM over 'unauthorized' P3-B high-yield inv

COA calls out PS-DBM over 'unauthorized' P3-B high-yield investment

The Commission on Audit (COA) has flagged the Procurement Service of the Department of Budget and Management (PS-DBM) over its P3 billion worth of high-yield investment in government banks, saying it is unauthorized and executed outside of its mandate.

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