A bank official revealed that the confidential funds of the Office of the Vice President (OVP) and the Department of Education (DepEd) were allegedly hidden in duffel bags. According to the statement, this is part of a controversial use of funds that has raised many questions among the public and government critics.
According to the official, there were transactions conducted where large sums of money from the confidential funds were not placed in the usual banking systems but instead were brought in duffel bags. This method raises concerns about transparency and accountability in the use of government funds.
Some lawmakers emphasized that confidential funds should only be used for national security purposes or sensitive operations. Instead, the alleged method of handling the funds is considered improper and has led to a loss of public trust.
Meanwhile, representatives from the OVP and DepEd insisted that the use of their confidential funds was in accordance with government policies. Critics, on the other hand, called for a thorough investigation to determine the truth behind the allegations.
The public continues to await an official statement from the authorities, as this issue becomes a hot topic that could have widespread implications on the trust in government institutions.
