THE Commission on Audit (CoA) has flagged the Laguna Lake Development Authority (LLDA) for accounting and enforcement lapses, including an unrecognized 4,790-square-meter land asset valued at P218.8 million. “The land asset with an area of 4,790 square meters and an assessed value of P218.799 million, occupied by LLDA, remains unrecognized in the books of accounts,” […]
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