The Commission on Audit made this observation as it demanded an explanation from the current officials of the Department on Transportation why the agreement was turned down.
In 2003, then LTO Asst. Secretary Roberto T. Lastimoso certified that the IT facilities of Stradcom conformed to the applicable acceptance test procedures and schedules. What was given up by the national government was an additional income of P1,453,303,639.52 from IT fee for miscellaneous motor vehicle registration transactions and miscellaneous license and permit transactions from 2005 up to the present, it was noted by COA.
Then COA chairperson Ma. Grace Pulido Tan wrote in 2011 a letter to then DOTC Secretary Manuel A. Roxas II urging the department to revisit the July 2010 proposed Supplemental Agreement with Stradcom.
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