Law Summary

Overview

This document is a circular issued by the Department of Budget and Management (DBM) to address fraudulent activities targeting local government units (LGUs).

Fraudulent Practices Identified

• Explanation: The DBM has identified that certain individuals are impersonating DBM officials and soliciting money in exchange for project fund releases.
• Key Definitions:
  • Fraudulent Calls: Communication from individuals misrepresenting themselves as DBM representatives.
  • Local Government Officials: Elected or appointed individuals serving within LGUs who may be targeted by these fraudulent activities.

DBM's Stance and Actions

• Denouncement of Fraud: The DBM categorically states that it does not engage in any such fraudulent transactions and condemns these practices.
• Public Urging: The DBM calls for vigilance among LGU officials and the public to report suspicious activities.

Reporting Procedures

• Important Requirements:
  • Reporting Mechanism: LGUs and the public should report any suspicious calls or incidents.
  • Contact Information: Reports can be made through:
    • Regional Offices of DBM
    • Public Information Unit via email at [email protected]
    • Phone at 02-791-2000 loc. 2602

Timeframes and Deadlines

• Date of Adoption: The circular was adopted on July 31, 2015.
• Date Filed: The document was officially filed on September 18, 2015.

Consequences of Fraud

• Penalties and Liabilities: While the document does not specify penalties, it implies that fraudulent activities are illegal and could lead to legal action.

Cross-References

• There are no specific cross-references to other laws or regulations mentioned in the document.

Key Takeaways

• The DBM Circular Letter No. 2015-10 serves as a warning against fraudulent calls targeting LGUs regarding national government project funds.
• The DBM does not authorize any transactions for funds in exchange for money and encourages the reporting of any fraudulent incidents.
• Local government officials are urged to remain vigilant and utilize the specified channels for reporting suspicious activities.