PH to probe ‘secret’ Marcos offshore trust

The Philippine government said Thursday it planned to investigate an allegation that the eldest daughter of late dictator Ferdinand Marcos was the beneficiary of a secret offshore trust.

The Philippine government said Thursday it planned to investigate an allegation that the eldest daughter of late dictator Ferdinand Marcos was the beneficiary of a secret offshore trust.

Akbayan’s Rep. Walden Bello began a campaign tour of Filipino American communities to raise support for his party and President Benigno Aquino III’s common reform agenda in the coming May elections.

President Benigno Aquino III’s trip to Davos, Switzerland, for the World Economic Forum (WEF) last month was meant to “showcase” the country’s success in fighting corruption and introducing good government, and there were no expectations of fresh investment pouring in for the Philippines, Malacañang said on Saturday.

Hundreds of lawmakers from 67 countries on Saturday signed in Manila a binding declaration to enact laws against graft, particularly for the recovery of ill-gotten wealth, and to enable the international community to prosecute the corrupt.

The United Kingdom has urged the Philippines to strengthen its antimoney laundering law as UK underlined the importance of legislation in plugging corruption and terrorist funding.

A second court has acted favorably on former Commission on Elections Chair Benjamin Abalos’ request to fly to Taiwan for a few days but he can’t leave just yet since his passport has to be revalidated.

It doesn’t matter where he is; President Aquino is not letting up on his seeming tradition of criticizing former President Gloria Macapagal Arroyo.

One of the co-accused of former President Gloria Macapagal-Arroyo in the P300million plunder case already left the country last July.

The European Union is offering up to P47 million in grants for civil society organizations in the country engaged in anti-corruption projects for local government units.

Sheila Coronel, an award-winning investigative journalist, was home from New York City recently to talk about corruption.

A visiting member of the Aquino Administration will speak to the Filipino American community on the progress of President Benigno Aquino’s anti-corruption campaign at a community forum titled “After Corona, What Next for Good Governance?”
“Sometimes scorers of fights are incompetent. Sometimes they are more than incompetent, they are corrupt…..The bottom line is if you are an honest man…Pacquiao won that fight….It’s an injustice to the sport, it’s an injustice to the fighters and an injustice to the fan base,” commented well respected ESPN boxing commentator Teddy Atlas.