Thursday 31 January 2013

INQUIRER.net: Senate probers told of Malampaya fund misuse

INQUIRER.net
Philippine News for Filipinos
Senate probers told of Malampaya fund misuse
Jan 31st 2013, 21:58

The Senate blue ribbon committee on Thursday learned that a road project funded by the Malampaya gas project in Palawan received millions of pesos for its implementation three times in three months.   Sen. Teofisto Guingona III, chairman of the panel, said the revelations of the Commission on Audit and independent people's organizations clearly showed that anomalies attended the disbursement of Palawan's share from the revenues from the gas project.   Confronted with what was obviously an overlapping of contracts for one and the same stretch of national road, Public Works Secretary Rogelio Singson said Malampaya funds must have been released too quickly duri...

Keep on reading: Senate probers told of Malampaya fund misuse

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