The Commission on Audit has flagged the Southern Philippines Development Authority for listing 10 Mindanao properties at P1 each.
In a 2017 annual audit report, state auditors said with a land area of 24,145.9407 hectares, the questioned properties were acquired through a deed of donation or were turned over by the defunct Mindanao Development Authority.
The biggest parcel of land was a 24,000-hectare property in the towns of Wao and Bumbaran, Lanao del Sur acquired in 1981.
The area was being occupied by informal settler families.
According to CoA, the Southern Philippines Development Authority’s books of accounts listed a 112-hectare fishpond project in Panigayan, Basilan and a 13.7915-hectare lot in Bagumbayan, Sultan Kudarat acquired in 1975 and 1982, respectively.