Lost hope

Friday, October 20, 2006 11:56 AM

We all know the Philippine government is corrupt. But I was curious as to how corrupt it really is. Here are a couple of cases I found so far from the Office of the Ombudsman and other sources.

I'll try to arrange them from the most recent going back to after Marcos was ousted.

2006 - P5 Billion - Dep-Ed Feeding Program (still under investigation as of this writing)
2004 - P1.3 Billion - Poll Automation Deal
2004 - P38 Billion (US$683 Million) - Recovered Marcos Wealth
2004 - P303 Million - Major General Carlos F. Garcia
2003 - P1.1 Billion - Diosdado Macapagal Blvd 2.3Km of road
2003 - P16 Billion - RSBS (Retirement and Separation Benefits System)
2001 - P130 Million - DPWH Vehicle Repair Scam
1998(?) - P5.3 Billion - Tax Credit Scam
1998 - P167 Billion (US$4 Billion $1=P41.97) - IPP Contracts
1995 - P3 Billion - PEA (Public Estates Authority) - Amari Scam
1991 - P10 Billion - Fort Bonifacio Land Scam

Total money lost or unaccounted for P247.133 Billion.

P247.133 Billion / 89,468,667 (July 2006 population) = P2,762.23 per Filipino.

For a family of 5, that's P13,811.15 which could have been put to better use by the people than being wasted by the government. Money which could have bought a poor family food, clothing and medicine.

The poverty threshold in 2000 is P13,913. That means a poor family of 5 can actually live for a year on all the money lost, wasted or unaccounted for by the government.

And this list is not even all of it. This is only what I can remember so far. Anyone care to add more?

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