By: Dolly Yasa
BACOLOD City – Again, there is no decision from the Commission on Audit as far as the Capitol-Ayala Land, Inc. deal is concerned.
This was confirmed yesterday morning by Governor Alfredo Maranon Jr. who on several occasions predicted that COA will approve the lease and purchase contract between the provincial government and ALI involving the 7.7-hectare prime Capitol property.
“You ask COA,” Marañon said when asked by reporters on updates about the transaction which has been delayed for more than a year now due to COA’s inaction.
He said COA commissioners held their en banc meeting in Leyte since Thursday afternoon until yesterday. But so far there was no word yet whether the Capitol-ALI land deal was taken up or if it was finally approved.
Marañon said that despite this, ALI continues to process their documents for the project.
He said ALI has started to finalize plans for its P6-billion development project on the lot.
Marañon said the COA approval is long overdue as “there is no more reason why COA will not approve the contract because all the requirements were met by the provincial government.”