Tuesday, November 15, 2005

Palace has spent P27B of FM loot

MALACAÑANG has spent P27 billion of the P35-billion ($718 million) Swiss deposits of the late President Ferdinand Marcos recovered by the government, Budget Secretary Romulo Neri admitted Monday to the Senate committee of the whole. Sen. Mar Roxas asked the DBM to give a detailed report on how the government spent the P27 billion.

Read The Manila Times for the full story.

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