Cagayan de Oro City – The audit team from the Special Audits Office (SAO) composed of qualified auditors from COA, commenced an opening meeting at the GAD Hall Bldg.2 on April 1, 2024, for the conduct of levy audit of Oroport Cargo Handling Services, Inc.

The audit, which spans for 20 working days from April 1 to 30, 2024, aims to review and evaluate the collection and remittances of government shares from the cargo handling operations and other cargo-related transactions of OCHSI to PMO MOC. The audit period covers from January 1, 2021, to December 31, 2023.This in compliance with the COA Office Order No. 2024-129 issued on February 14, 2024.

The levy audit of Oroport Cargo Handling Services, Inc. in PMO MOC represents a significant step towards ensuring compliance with regulatory requirements and promoting transparency in financial transactions. By conducting a thorough examination of OCHSI’s operations and financial records, the audit aims to safeguard public funds and promote good governance within the cargo handling industry. The findings and recommendations of the audit will serve as a valuable guide for OCHSI in enhancing its internal controls and compliance measures moving forward.

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