COA audits P427.67-M subsidy to Northern Samar power provider
TACLOBAN CITY — The Commission on Audit (COA) is conducting an audit of the P427.67 million subsidy extended to the Northern Samar Electric Cooperative (Norsamelco). The audit conducted by COA was intended to determine if the subsidy it received from the National Electrification Administration (NEA) was properly accounted for and utilized according to its purpose. […]
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