ADB, World Bank demand special audit of COVID-19 vaccine purchases — COA Chair

MANILA, Philippines — The Asian Development Bank (ADB) and the World Bank have demanded a special audit of the loans they granted to the Philippine government for the procurement of COVID-19 vaccines.

Commission on Audit (COA) Chairman Gamaliel Cordoba disclosed this onTuesday, adding that he had made a commitment to a complete audit of funds used for the purchase of vaccines.

“You have our commitment na hindi kami papayag na hindi ma-audit itong government expenditure na ito lalong-lalo na na ‘yung mga nagpautang sa atin, the World Bank and the ADB, ay nagpapa-special audit na po para dito,” he said during the hearing on his ad-interim appointment.

(You have our commitment th…

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