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B-146749 1 (1972-11-16)

handle is hein.gao/gaobaagbi0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNT WAHNGO, ..20548 INTERNATIONAL DIVISION NOV 16 1972 B-146749 111111/ 1/11// 1/11 LM096248 Dear Mr. Secretary: We have completed a test review of the effectiveness of management controls exercised by the Department of Defense 5 Z'o to control the m ~r payment certificate (MPCj r- gram in Korea and Vietnam. Our woKwa performed at various DOD activities in Korea, Vietnam, and the United States and at the Departments of the Treasury and State. The basic principles behind the MPC program appear to be sound; however, we noted several weaknesses in the day-to-day administration and control of the program. We are enclosing a summary of findings which we believe are of sufficient signif- icance to be brought to your attention. Various lesser prob- lems were brought to the attention of officials in Korea and Vietnam for appropriate action. In the enclosed summary, we are recommending that you instruct: --The Assistant Secretary of Defense (Comptroller) to initiate a review of the need for continuing the MPC program in Korea and Vietnam. (See p. 3.) --The Secretary of the Army to reinforce procedures re- / quiring individuals to fully explain and substantiate their reasons for late claims and to provide reasonable proof that MPCs presented for redemption were properly acquired. (See p. 5.) --Military commands in Korea and Vietnam to strengthen their currency control systems to insure that all MPC transactions for dollars and dollar instruments are properly reported and compiled for identification of possible currency violators. (See p. 7.) ~7~4~3s _ ___

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