SEARCH FOR TRUTH By Ernesto M. Maceda (The Philippine Star) | Updated May 6, 2014 - 12:00am
The Senate resumed sessions yesterday. The Blue Ribbon Committee should now schedule the investigation of the Malampaya Fund scam initially reported to be P900 million, but believed to be more in the billions.
Janet Lim-Napoles is ready to testify on the issue. Grace Pulido-Tan has also not released any audit on the Malampaya Fund scam, which she described as “more explosive” after she released the Priority Development Assistance Fund (PDAF) 2007-2009 audit.
The total collections of the Malampaya Fund is estimated at more than P130 billion. Business circles are talking about the non-investigation of the scam as an effort to protect the involvement of a “Top 15” richest businessman who is a friend of Ruby Tuason.
Ruby Tuason already admitted that she received P242 million commission from Napoles, which she allegedly turned over to her brother who is now deceased.
Senators Chiz Escudero, Alan Peter Cayetano, Jinggoy Estrada, and Serge Osmeña have asked Senator T.G. Guingona to schedule and open the Malampaya case.
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For May 05, 2014 Monday
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