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B-186348 1 (1981-12-15)

handle is hein.gao/gaobadjxt0001 and id is 1 raw text is: DECISION ~ THE COMT2 WR O IUIA 514 DECISIONWOF THE UNITBO0 UTATEU1 I4~Z WAS6PH-I 4NOTOW. , Ua t' FILEI B-186348 DATEi December 15, 1981 MATTEI.R OF; Transactions and losses involving Vietnam plaster currency DIGEST; 1. Loss of approximately $1,070,000 of piaster currency abandoned in Vietnam may be charged to Gains and Deficiencies Account, 31 U,S,C, S 492b, since pias- ters were acquired and held for exchange transaction operations and became worthless when South Vietnanne Government fell, To extent inconsistent, 56 Comp. Gen, 791 (1977) is overruled, 2. Checks issued by United States Disbursing Officer before April 1975 evacuation of South Vietnam should be charged against State's fiscal year 1975 appropri- ations since the accounting records that would have shown the agency appropriations against which the checks would have been charged were lost. This responds to a State Department request for reconsideration of that part of our decision at 56 Compt Gen, 791 (1977), which held that plaster currency left in Vietnam should be considered a physical loss of funds under 31 USC, S 82a-1 and should be charged against the State Department's then current appropriations available for the expenses of the various accountable officers, The State Department also asks whether checks issued prior to April 1975 in the total awount of $3,781,237.47 ($3,178,757.47 In dollars and $602,48U dollar equivalent in piasters) but not identified to chargeable appropria- tions are proper charges against fiscal year 1975 appropriations of the agencies using the United States Disbursing Officer services. For the reasons given below, we now find tVhat the loss of approximately $1,070,000 of piaster currency left in Vietnam may be charged to the Gains and Deficiencies account, pursuant to 31 U.S.C. S 492b. To the extent our decision at 56 Comp, Gen. 791 is inconsis- tent, it is overruled. We also conclude that the checks written prior to April 1975 should be charged against State's fiscal year 1975 ap- propriations rather than against fiscal year 1975 appropriations of the agencies that were using the United States Disbursing Officer's services. The questions raised by the State Department, both in this case and in 56 Comp. Con. 791, were provoked by the circumstances surround- ing the American evacuation from South Vietnam in late April 1975. During that evacuation, quantities of dollars were burned and Viet- namese piasters belonging to the United States were both abandoned I

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