Government commercial deals amounting to about P 4 billion have been flagged for possible irregularities, among them more than P100 million in public assets which have been kept off the books and close to P500 million payments from the government payroll account which have not been accounted for since 2005 – the Auditor General’s latest report has revealed.
Among the more than P100 million government assets which are off the books are Tautona Lodge which government bought from former Minister of Agriculture Christian de Graaff for more than P50 million under controversial circumstances and the more than P70 million Debt Participation Capital Funding Limited.
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