
More than P79 billion has likely been lost to ghost flood control projects dating back to 2016, not counting substandard ones, Senate President Pro Tempore Panfilo “Ping” M. Lacson said Wednesday.
Lacson said this was based on an updated report submitted by the Department of Public Works and Highways (DPWH) to the Senate Blue Ribbon Committee, which he chairs.
“The DPWH submitted to the Blue Ribbon Committee an updated report. Combined with the new data from the Armed Forces of the Philippines and Philippine National Police inspection teams, it appears the number of ghost projects was 494 out of some 13,000 projects,” he said.
He added P79 billion is a huge amount, considering that the Anti-Money Laundering Council managed to have frozen almost P12 billion worth of assets linked to the corruption behind the anomalous flood control projects.
In Filipino: Lacson: Higit P79B Malamang na Nawawala Dahil sa Ghost Flood Control Projects Pa Lamang
Continue reading “Lacson: More Than P79B Likely Lost to Ghost Flood Control Projects Alone”




