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NegOcc town treasurer faces probe over stolen P6 4-M LGU funds

BACOLOD CITY - Mayor Irene Montilla of Isabela, Negros Occidental said on Friday she is awaiting the results of the investigation on the town's acting treasurer who lost millions of local government funds to an alleged robbery. "We are still waiting for the full investigation of the Philippine National Police and the province. We don't know yet what really happened and what are the findings," she told reporters. Montilla said she has requested the Department of Finance's Bureau of Local Government Finance (BLGF) the termination of the services of Nenette Escarda, 60, due to loss of trust and confidence. "They found a replacement and we are waiting for the arrival of the one who will replace her," the mayor said. The BLGF has direct supervision over the treasury offices of the local government units. Montilla said that based on the audit, the losses were about PHP2.6 million in cash and PHP3.8 million in checks. These were allegedly stolen in the residenc

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