Trillions of pesos in taxpayers’ cash could possibly be misplaced to corruption if Filipinos don’t hold a detailed eye on how the federal government’s P9-billion infrastructure venture is applied.
Sen. Panfilo Lacson aired this warning as he pressured the position of watchdog is for everyone and never only for lawmakers.
“We should be watchful on the implementation of these projects. Losing just 20 percent of the P9 trillion to irregularities means a whopping P1.8 trillion lost to corruption,” he mentioned at an open discussion board with members of the Rotary Club of Makati Central.
Earlier, the federal government mentioned it has earmarked over P9 trillion for its “Build, Build, Build” infrastructure program.
Lacson additionally warned the loss could possibly be greater than P1.eight trillion, as some contractors deem 20 p.c a small quantity that could be demanded by corrupt officers.
On the opposite hand, Lacson mentioned he’ll take part actively in hearings on the proposed price range for 2018, as soon as it’s submitted to Congress.
“The budget call has already been terminated. And soon after the President delivers his second State of the Nation Address on July 24 when Congress resumes session … within 30 days he will have to submit the so-called President’s Budget. And I have been always active in participating in plenary debates, even in committee hearings,” he mentioned.
Last 12 months, Lacson found billions of pesos in pork-like insertions in the price range for 2017. This included some P8.Three billion in the Department of Public Works and Highways’ price range for tasks in the Autonomous Region in Muslim Mindanao.
After Lacson uncovered the P8.Three-billion pork and stood his floor, senators agreed to realign the funds to free tuition for state faculties and universities.