Laoag Treasurer’s Office back to normal operation

LAOAG CITY — Following a week-long shut down and take over of this city’s Treasurer’s Office, Laoag City legal counsel Atty. Marlon Wayne Manuel said Thursday the office is now back to normal operation.

This means the salaries of the 41 employees affected during the downloading of accounts and other unpaid utility bills can now be settled pending the result of investigation, a team from the Bureau of Local Governance Finance, Commission on Audit and the Provincial Treasurer’s Office have yet to released within the next few days.

Starting from a zero book of accounts, Assistant treasurer Diomedes Gayban will assume as the acting Officer-in-Charge at the Treasurer’s Office as the treasurer Elena Asuncion has vanished is believed to have fled to the United States after irregularities in the city’s financial records have been detected.

To date, Asuncion is still being track down by authorities and may face multiple administrative and criminal charges.

Meanwhile, City Accountant Edgar Pascual and at least seven employees at the cash division which were earlier assigned to other departments of the city government had been issued a memorandum to explain their side.

Earlier, officials discovered that time deposits and savings accounts, opened under the name of the Laoag City government as recorded in the treasury’s financial reports, were fictitious, after a check made with the Development Bank of the Philippines, the Land Bank of the Philippines and the Rang-ay Rural Bank. PNA/northboundasia.com