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List of linked individuals to the PDAF scam. Former congressman. Daily Tribune claims according to its sources that it was Abad that taught Janet Napoles on how to operate the PDAF scam scheme. [1] Businesswoman, dubbed by the media as the mastermind of the PDAF scam. Former actor.
The Priority Development Assistance Fund scam, also called the PDAF scam or the pork barrel scam, is a political scandal involving the alleged misuse by several members of the Congress of the Philippines of their Priority Development Assistance Fund (PDAF, popularly called "pork barrel"), a lump-sum discretionary fund granted to each member of Congress for spending on priority development ...
A recovery room scam is a form of advance-fee fraud where the scammer (sometimes posing as a law enforcement officer or attorney) calls investors who have been sold worthless shares (for example in a boiler-room scam), and offers to buy them, to allow the investors to recover their investments. [92]
The so-called "Pork Barrel Scam" was first exposed in the Philippine Daily Inquirer on July 12, 2013, [12] with the six-part exposé of the Inquirer on the scam pointing to businesswoman Janet Lim Napoles as the scam's mastermind after Benhur K. Luy, her second cousin and former personal assistant, was rescued by agents of the National Bureau of Investigation on March 22, 2013, four months ...
The Coco Levy Fund Scam was a controversy in the 1970s and 1980s in the Philippines involving former President Ferdinand Marcos and his cronies.It was alleged that Marcos, Danding Cojuangco, Juan Ponce Enrile, and others conspired to tax coconut farmers, promising them the development of the coconut industry and a share of the investments, but on the contrary used the collection fund for ...
maharlika.dof.gov.ph. The Maharlika Wealth Fund (MWF), also known as the Maharlika Investment Fund (MIF), is a sovereign wealth fund for the Philippines which is managed by the Maharlika Investment Corporation (MIC). [1] The MIF is the Philippines' first sovereign wealth fund. It will be allocated across a variety of assets, including foreign ...
Bayanihan to Heal as One Act. Status: Expired. The Bayanihan to Recover as One Act, also known as Bayanihan 2, [1] and officially designated as Republic Act No. 11494, is a law in the Philippines that was enacted in September 2020 granting the President additional authority to combat the COVID-19 pandemic in the Philippines. [2][3]
e. The Marcos family, a political family in the Philippines, owns various assets that Philippine courts have determined to have been acquired through illicit means during the presidency of Ferdinand Marcos from 1965–1986. [1][2] These assets are referred to using several terms, including "ill-gotten wealth" [3] and "unexplained wealth," [4 ...