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Arroyo orders review of WB projects

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By Joel Guinto
First Posted 14:47:00 01/15/2009

Filed Under: Graft & Corruption, Government, Banking, Foreign Aid

MANILA, Philippines — President Gloria Macapagal-Arroyo has ordered a Cabinet-level review of all World Bank-funded projects to check allegations of corruption, her spokesman said Thursday.

Arroyo issued the directive in response to the World Bank’s suspension of seven firms, including three from the Philippines, for alleged cartel practices in the bidding for the National Roads Improvement and Management Program (NRIMP), deputy presidential spokesman Anthony Golez said.

The World Bank stopped the release of $33 million for the NRIMP in view of its findings.

“One of the programs of this present administration is to weed out corruption and because of these reports, we will be able to review with [the] Cabinet World Bank projects, with the end view of looking into corruption allegations,” Golez told a news conference at the Palace.

“This is going to be discussed at the Cabinet level to look into the corruption allegations, and make sure that we can put a stop to this and we will file appropriate charges to people who will be found guilty of these allegations,” he said.

Golez said the World Bank report would be discussed at the next Cabinet meeting. Arroyo holds her regular Cabinet meeting on Tuesdays.

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Written by joelguinto

ThuUTC2009-01-15T08:33:14+00:00UTC01bUTCThu, 15 Jan 2009 08:33:14 +0000 22, 2006 at 12:45 am01

Posted in Uncategorized

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