Mayor Greg Gasataya on Monday, Nov. 9, said is fully open to a special audit of the city’s multi-billion-peso loans and long-term financial obligations, a move recently demanded by local civil society, faith leaders, and advocacy groups.
Responding to a joint open letter published Friday by Caritas Bacolod Social Action Foundation Inc., Gasataya noted that the Commission on Audit (COA) already regularly reviews all city transactions, adding that he welcomes any measure that ensures total transparency.
“Any form of audit or validation to ensure transparency, I am 100 percent supportive,” Gasataya said.
The broad coalition called on COA to probe loan contracts, bank disbursements, interest schedules, construction timelines, and project delays spanning both past and present city administrations.
In their letter, the signatories expressed deep concern over the staggering debt tied to Bacolod’s General Fund commitments, demanding full integrity and financial accountability from city leadership.*
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