Miyerkules, Hunyo 17, 2015

Oops, Abad did it again?!

Budget Secretary Florencio Abad was accused today of hiding P581 billion in next year’s proposed budget as a campaign kitty for administration candidates in the 2016 elections.

The accusation was made by the United Nationalist Alliance (UNA) interim president Rep. Tobias Tiangco, who said the scheme involves the government’s much-ballyhooed two-tier budgeting approach.

Abad has also been tagged as the brains behind the Disbursement Acceleration Program (DAP) declared  unconstitutional by the Supreme Court as a form of fund-juggling or redirection of public funds.

Charges are expected to be lodged against Abad for the DAP and also for this new scheme if and when a new administration comes to power in 2016 outside of the Liberal Party.

The new scheme, Tiangco averred, is “designed to divert discretionary money into pet projects in an election year to garner votes, not help alleviate poverty and help the poor.”

Abad could only issue a blanket denial, saying “ridiculous. That’s Tiangco for you. Predictably preposterous,” said the Philippine Star in its report.-end-

Image by Interkasyon


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