Camposano: DepEd's P37.5-M cash encashments nearly 4 times normal
MANILA, July 29 -- Former Landbank of the Philippines-Department of Education (DepEd) branch manager Nenita Camposano on Wednesday said the three PHP37.5-million cash encashments by the agency were unusual and nearly four times the branch's ordinary cash transaction of around PHP10 million.
The three checks totaling PHP112.5 million, all payable to DepEd Special Disbursing Officer Edward Fajarda, were encashed during the first three quarters of 2023.
Senator-judge Francis Pangilinan asked Camposano whether the amount withdrawn in each transaction was unusual for the Landbank DepEd branch.
"With Landbank DepEd for government agencies, ano siya unusual po ang amount ng pag-withdraw (the amount withdrawn was unusual)," Camposano said.
Af...
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