The Commission on Audit (COA) has identified significant financial oversight issues in two separate government entities. In Lapu-Lapu City, the COA flagged P379.6 million in projects for lacking proper monitoring and planning. The city government has since tightened its oversight procedures.
In Manila, the COA found that over P9.22 billion worth of properties managed by the Metropolitan Manila Development Authority (MMDA) remain uninsured. This violates legal requirements and puts the government at financial risk. The COA reviewed MMDA compliance in its 2025 audit report.
The COA’s findings highlight ongoing challenges in public financial management. The MMDA’s uninsured assets could lead to losses if damage occurs. The Lapu-Lapu City Government has responded by increasing project monitoring. Both cases show gaps in accountability and risk management. The COA’s role is to ensure transparency and legal compliance in public spending.
