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COA commissioner Lipana’s net worth rose by 120% from 2022 to 2024, SALNs show
Commission on Audit (COA) commissioner Mario Lipana's declared net worth increased by 120.532%, or P14.5 million, from January 2022 to December 2024.
His net worth grew from P12.03 million in January 2022 to P26.53 million by December 2024.
Lipana was appointed to the COA by former President Rodrigo Duterte.
He was linked to a flood control controversy after allegedly asking for a referral to the DPWH Bulacan 1st District Engineering District.
His request for flood control projects in Bulacan was reportedly funded with substantial amounts in 2023, 2024, and 2025.
Lipana is currently under investigation by the Office of the Ombudsman regarding alleged involvement in a flood control scam.
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