COA flags BOC over record mismatch including P1.2-B seized vehicles
MANILA, Philippines — The Commission on Audit (COA) has flagged the Bureau of Customs (BOC) over a mismatch in records of confiscated assets, including 52 seized vehicles in Port of Manila (POM) worth over a billion pesos.
In its 2025 audit report for BOC uploaded to COA website on Oct. 21, the state auditor said the vehicles were listed as seized, but the records are either incomplete or the corresponding report was not submitted.
“Included in the noted discrepancies are 52 confiscated vehicles under the POM with an estimated value of P1.292 billion,” the COA said.
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The 52 missing vehicles are part of 1,954 “difference” or missing entries between the reports of the port’s Auction and Cargo Disposal Division (ACDD) and the Auction and Cargo Disposal Management Division (ACDMD).
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COA said the port’s ACDD logged 4,803 cases or entries, but the ACDMD and Accounting Division (AD) only recorded 2,849.
The ACDMD told COA that several memoranda and reminders had already been issued to all ports, directing the submission of monthly reports, including those without seized or abandoned cargoes, to ensure timely monitoring, reconciliation, and record updating.
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“Despite these directives, full compliance has not yet been achieved, which management attributed primarily to the large volume of confiscated assets being handled and maintained by the ports concerned,” COA said.
COA said such discrepancies expose the confiscated goods “to risks of loss, pilferage, or unauthorized disposal.”
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To address this, COA said the ports should submit the monthly report of confiscated assets to the ACDMD for consolidation and monitoring and then to the AD for proper recognition and recording of such goods. /cb
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