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Author Topic: COA: 900M went missing in malampaya fund in just 2 months  (Read 1780 times)

bouya harumichi

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COA: 900M went missing in malampaya fund in just 2 months
« on: December 23, 2013, 02:30:47 am »
in 2 months
ABS-CBNnews.com
Posted at 12/22/2013 7:55 PM | Updated as of 12/22/2013 8:00 PM

http://www.abs-cbnnews.com/nation/12/22/13/coa-p900-m-malampaya-funds-went-missing-2-months

MANILA - In a span of only two months, P900-million worth of Malampaya funds suddenly went missing, the Commission on Audit said in a report released late Saturday.

The two months ran from the moment former Department of Agrarian Reform (DAR) Undersecretary Narciso B. Nieto sent a letter requesting the Department of Budget and Management (DBM) to release the sum for typhoon-stricken farmers on October 22, 2009, until the day the last check went out on December 23, 2009.

The report covered only funds channeled through DAR purportedly to help rehabilitate agrarian reform communities ravaged by typhoons Ondoy and Pepeng.

Not a single centavo of that money went to the supposed recipients as the whole transaction was plagued from the very start by phony documents, bogus non-government organizations (NGOs) and fake lists of agrarian reform beneficiaries (ARBs), the report read.
"If you don't know defeat, it's just because you have only ever been picking on people that weaker than yourselve. There's a word for that: embarrassing!"

Ilonggo-by-blood

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Re: COA: 900M went missing in malampaya fund in just 2 months
« Reply #1 on: December 23, 2013, 02:36:10 am »
I hope they would find out who is or who are behind this and give him a seat in IRC.

호밀 크루즈

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Re: COA: 900M went missing in malampaya fund in just 2 months
« Reply #2 on: December 23, 2013, 02:38:44 am »
What do we expect in Philippine Politics?  smoking::
DESTINY is not a matter of chance...It is a matter of CHOICE.

dweizz

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Re: COA: 900M went missing in malampaya fund in just 2 months
« Reply #3 on: December 23, 2013, 04:09:07 am »
kahit mahuli pa yan na-enjoy na nila ang 900m... sarap ng buhay ng mga masasamang tao

churizo

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Re: COA: 900M went missing in malampaya fund in just 2 months
« Reply #4 on: December 23, 2013, 06:18:14 am »
There's no surprise since this was happened under Arroyo's term...  ::lmao ::lmao

abdul jahkool

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Re: COA: 900M went missing in malampaya fund in just 2 months
« Reply #5 on: December 23, 2013, 08:09:37 am »
Kaya nga kahit hindi ko gusto ang kaduwagan ni Pnoy sa pamumuno, nararapat pa rin sumuporta sa pagsugpo ng katiwalian. Kahit na paano nababawasan, kahit na paano lumalabas ang tunay na kulay, kahit pa napaka one sided ng panggigipit sa ibang partido basta masigurado na may mabubuko. >:( >:( >:(

malaman lang ng publiko ang pagkagahaman ng mga pinagboboto nilang pulitiko.  smoking::

zensuke101

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Re: COA: 900M went missing in malampaya fund in just 2 months
« Reply #6 on: December 25, 2013, 05:14:14 pm »
wala pa ring pagbabago
wala pa ring asenso