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HDMF vs Com on Audit

HOME DEVELOPMENT MUTUAL FUND, Petitioner, -versus COMMISSION ON AUDIT, Respondent.

G.R. No. 142297 | 2004-06-15

DECISION



AZCUNA, J.:

Before us is a petition for certiorari under Rule 65 of the Rules of Court alleging that the Commission on Audit acted in excess of its jurisdiction or with grave abuse of discretion amounting to lack of jurisdiction in issuing Resolution No. 2000-086 dated March 7, 2000,



which affirmed COA Decision No. 98-245 dated June 16, 1998. COA Decision No. 98-245 affirmed the audit disallowance of payment of productivity incentive bonus by petitioner Home Development Mutual Fund (HDMF) to its personnel pursuant to Republic Act No. 6971, otherwise known as the "Productivity Incentives Act of 1990."



The facts are as...