Repu te Blpines _ Office of the President _ Road Board Quen Cit, Meteo Manile PRESS RELEASE We recognize the good intentions behind House Bill No. 6236 filed by Speaker Pantaleon D. Alvarez. COA audit observations on the alleged misuse of funds referred to transactions of the previous administrations from 2002-2013. These audit observations were looked into by the new administration which assumed office in August 2016. We now have a new Board composed of men with proven integrity and probity who have never been involved in or condoned any malfeasance in public office, namely: (1) Sec. Mark A. Villar of the DPWH, (2) Sec. Arthur P. Tugade of DOTr, (3) Sec. Benjamin E. Diokno of DBM, and Sec. Carlos G. Dominguez Ill of DOF and Mr. Richard V. Necesario, Sr. as representative of the private transport organizations. Under the new leadership, the following initiatives were implemented to ensure effective & accountable performance of its mandate: 1. Rationalized coordinating system between the LTO which collects the MVUC and the Bir which maintains special trust accounts into which the MVUC funds are deposited. After almost one (1) year from assuming office, the new Board reduced the unreconciled balances between the LTO collections and BTR certified deposits from P4.385B as of September 26, 2016 to P607M or 86.15% as of August 24, 2017; 2. Issued memorandum circular to all Road Board Officials and Staff prohibiting transactions with contractors and other private persons in the preparation of project proposals for MVUC funding and the facilitation and approval of funding requests and enjoining them that only duly authorized representatives of the project proponents may be given information on the status of their funding requests; 3. Sent letters to the Members of the House of Representatives, the Senate and the DPWH-District Engineering Offices (DEOs} informing them of the Board’s policy that no authority was granted to any individual to facilitate the approval and release of corresponding funds. We have requested NBI and other law enforcement agencies to investigate and file appropriate legal action against those individuals who have used spurious public documents to facilitate fund transfers. 2 Foor Ave Marie Bldg, 1517 Quezon Avenue cor. Examiner St, Quezon City Manila Tel No, (02) 376-6269 & 376-6271; Fax (02) 376-9028.alfeasance in public office, the and supervision over the Road To prevent dissipation of MVUC Funds and m: Office of the President is now exercising control Board. ROAD BOARD SECRETARIAT Contact Person: Mr. Philip Palma Tel. Nos. 376-6269/376-9028