Duty Free PH asked to explain COA fund misuse findings

The board of state-run Duty Free Philippines Corp. may not receive their performance incentives if they could not "properly" explain recent Commission on Audit findings showing anomalies involving resigned Tourism Secretary Wanda Tulfo-Teo and the tourism department's misuse of its share of profits last year, the Governance Commission for Government Owned or Controlled Corporations (GCG) saidFriday. "The GCG has sought the explanation of Duty Free Philippines on the fiscal year 2017 findings of the Commission on Audit. Duty Free Philippines is likewise directed to address said COA findings under the performance evaluation system (PES) of the GCG," the body overseeing state-run firms s...

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