PORK, GOVT FUNDS USED

IN GHOST PROJECTS
The National Bureau of
Investigation is looking into
allegations that the
government has been
defrauded of some P10 billion
over the past 10 years by a
syndicate using funds from
the pork barrel of lawmakers
and various government

How P10-B racket works

Using just a list of bogus recipients
and foundations, and forged
signatures of local officials, a small
company has allegedly converted
billions of pesos in government funds
into kickbacks.
The scheme involved the Malampaya
funds, the fertilizer fund and the
lawmakers allotments from the
priority development assistance fund

 The funds, which were deposited in

the foundations bank accounts, were
eventually remitted to her to be split
between her and the lawmaker
whose PDAF allotment was used, or
the official of the state agency
involved.
The Commission on Audit had
reported that some P195 million in
pork barrel from Enrile, Estrada and
Sen. Ramon Revilla Jr., and then

 The audit report identified the four

lawmakers as the sources of the
P206-million PDAF allotted for the DA
in 2009 and 2010.
Of the amount, P201 million was
turned over by the agriculture
department to ZNAC Rubber Estate
Corp. (ZREC), a government-owned
and controlled corporation, which in
turn transferred P194.97 million to
Pangkabuhayan Foundation Inc.
(PFI).Of the amount received by PFI,
P74.69 million came from Enriles

Malampaya fund lost P900M

in JLN racket
At least P900 million from royalties in
the operation of the Malampaya gas
project off Palawan province intended
for agrarian reform beneficiaries has
gone into a dummy nongovernment
organization (NGO), according to an
affidavit on a P10-billion racket
submitted to the National Bureau of
Investigation (NBI).