The Philippines’ Commission on Audit found the state-run Philippine Forest Corporation (Philforest) to have made unaccounted fund transfers worth P443.29 million to different non-governmental corporations, which were earlier found to be part of an elaborate scam that diverted billions of pesos in lawmakers’ discretionary funds. Of the amount, P15 million was funneled to 3 NGOs even if they had unliquidated fund transfers worth P34.273 million in 2011 and 2012. The funds reportedly came from the Priority Development Assistance Fund of 8 congressmen. Philforest was dissolved in 2013 due to its involvement in the pork barrel scam.
Read the full story on Philforest on Rappler. Check out our special multimedia report to understand the pork barrel scam.
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