In the said article, they stated that President Rodrigo Duterte and daughter Davao City Mayor Sara Duterte apparently failed to declare over P100M
worth of investments.
Now comes this headline news which reported that Vice President Jejomar Binay's law firm sent more than P100 million to a Hong Kong company using the same remittance agency embroiled in the alleged $81-million money laundering scheme under investigation in the Senate (Binay sent P100M
to HK via Philrem, Front Page, 3/17/16).
In this kind of MONKEY business, getting a net profit or kickback of P100m
for each senator and P50m for each House member, yearly and regularly, is no sweat.
Out of the P100M
, P50M is allotted for the immediate procurement of planting materials, which will cover about 1,500 hectares.
"Ongpin firm files P100M
damage suit vs Mercado," went a report in the Jan.
Over the years, known crooks outside and inside government offices have mastered the art of short/ghost deliveries of supplies, overprice of up to 5,000 percent as reported by auditors, payment of P100m
for non-existent mountain roads, building an irrigation system where it is not needed, abandonment of huge projects after full payment, etc.
Dotc will expend P100m
for new communications and navigational surveillance as well as air traffic management systems besides P25m for the redevelopment, improvement and capacity expansion project at the Ninoy Aquino International Airport (NAIA).
In a news report, the joint Alphaland Corp.Boy Scouts of the Philippines (BSP) real estate project, the Alphaland Makati Place, is said to be "now worth P21 billion" ("Ongpin firm files P100M
damage suit vs Mercado," News, 1/28/15).