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Marina execs, employees told to return P5.4 M in illegal bonuses

The Philippine Star

MANILA, Philippines – More than P5.41 million in illegal bonuses and other financial perks are being sought to be refunded from officials and employees of the Maritime Industry Authority (Marina).

The Commission on Audit (COA) said they were granted the additional allowances, including so-called milestone accomplishment rewards, and/or anniversary bonuses amounting to P4.760 million during Marina’s 40th anniversary celebration last year.

Service and/or loyalty awards amounting to P425,000 for employees who have reached 25 years of service and rice allowance in the total amount of P225,000 were also illegally granted last year, state auditors said in a 2014 report released yesterday.

“We recommended that management require the concerned officers and employees of Marina Central Office, Regions IV and V to refund the additional personnel benefits granted without legal basis,” state auditors said.

vuukle comment

ACIRC

ADDITIONAL

AMOUNTING

ANNIVERSARY

AUDITORS

BONUSES

EMPLOYEES

GRANTED

MARINA

MARINA CENTRAL OFFICE

MARITIME INDUSTRY AUTHORITY

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