COA flags AMLC for ‘excessive’ seminar expenses
Elizabeth Marcelo – The Philippine Star
June 6, 2023 | 12:00am
A review of AMLC transaction records showed the actual daily expenses of each participant just for meals ranged from P1,600 to P3,250 while daily accommodation expenses ranged from P1,211 to P3,075, the COA said.
STAR / File
MANILA, Philippines — The Commission on Audit (COA) has called out the Anti-Money Laundering Council over the “excessive” meal and accommodation expenses of AMLC officials and employees during training, workshop and planning activities held in hotels and resorts last year.
A review of AMLC transaction records showed the actual daily expenses of each participant just for meals ranged from P1,600 to P3,250 while daily accommodation expenses ranged from P1,211 to P3,075, the COA said.
In its annual audit report on AMLC for
