G.R. No. 252198 - Securities and Exchange Commission vs. Commission on Audit

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G.R. No. 252198: Securities and Exchange Commission vs. Commission on Audit

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Title Supreme Court: Securities and Exchange Commission vs. Commission on Audit

Case: G.R. No. 252198

Decision Date: Apr 27, 2021

SEC's use of retained income for provident fund contributions disallowed by COA for violating GAA 2010 restrictions; officers not liable due to good faith, no malice.

disallowance

provident fund

civil liability

Very Long 48 min

2.8x of typical case length

END