COA flags MMDA for failing to insure P9.22-B assets
MANILA, Philippines — The Commission on Audit (COA) has found that over P9.22 billion worth of properties under the Metropolitan Manila Development Authority (MMDA) remain uninsured, which is a violation of the law and exposes the government to financial risks. In its 2025 audit report, the COA said it reviewed the compliance of the MMDA
Original Source
Read the full article at Newsinfo →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.