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Results 1 - 10 of 68 for sovereign wealth fund

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  1. News - Asia - PHILIPPINES

    Benigno Aquino faces impeachment action over economic stimulus fund

    Posted Jul 21st 2014, 10:49pm by Raissa Robles

    ... Raissa Robles in Manila Aquino faces impeachment threat over funds Political opponents of Philippine President Benigno Aquino have filed an impeachment complaint against him, alleging his ... or approve funding requests from the legislative branch and the Commission of Audit, a constitutionally independent body. However, Aquino filed an appeal on Friday. He said he was empowered to set up ...

    http://www.scmp.com/news/asia/article/1557065/benigno-aquino-faces-impeachment-action-over-economic-stimulus-fund
  2. News - Asia - PHILIPPINES

    Benigno Aquino refuses resignation of aide over fund scandal

    Posted Jul 11th 2014, 10:07pm by Reuters

    ... Reuters in Manila Aquino aide offers to quit over fund scandal Philippine President Benigno Aquino yesterday rejected a resignation offer from his budget secretary after the top court declared the government's discretionary fund illegal in the biggest test yet for its battle against graft. Aquino came to power in 2010 on the promise of transparency, good governance ...

    http://www.scmp.com/news/asia/article/1552286/benigno-aquino-refuses-resignation-aide-over-fund-scandal
  3. News - Asia - PHILIPPINES

    Philippine President Benigno Aquino’s approval ratings plunge to new low

    Posted Jul 14th 2014, 10:28pm by Reuters

    ... by widespread corruption in government. Tabunda said the survey was largely complete by the time the Supreme Court rejected an Aquino creation of discretionary funds, called a Disbursement Acceleration ... as the ramifications of the scandal over the discretionary fund play out. "The president has to make drastic measures, like displaying impartiality in the corruption cases, meaning he has to crack ...

    http://www.scmp.com/news/asia/article/1554276/philippine-president-benigno-aquinos-approval-ratings-plunge-new-low
  4. News - Asia - PHILIPPINES

    At least 11 dead as Typhoon Rammasun cuts across the Philippines

    Posted Jul 15th 2014, 06:02pm by AFP

    ... of calamity, allowing the local governments to tap emergency relief funds. The storm brought storm surges to Manila Bay and prompted disaster officials to evacuate slum-dwellers on the capital’s ...

    http://www.scmp.com/news/asia/article/1554840/philippines-braces-typhoon-rammasun-strongest-storm-deadly-haiyan
  5. News - Asia - PHILIPPINES

    Former Philippines' first lady Imelda Marcos, at 85, eyes return to palace

    Posted Jul 03rd 2014, 12:15am by AFP

    ... and sequester all Marcos wealth even before we were tried, and that was illegal," Marcos said. She said she would prefer to have the jewels put on public display "because I want the Filipinos ...

    http://www.scmp.com/news/asia/article/1545085/former-philippines-first-lady-imelda-marcos-85-eyes-return-palace
  6. News - Asia - PHILIPPINES

    Philippine Supreme Court partially voids Aquino's stimulus package

    Posted Jul 01st 2014, 10:45pm by BLOOM

    ... power to appropriate funds. Under the DAP, infrastructure spending had recovered from a 29 per cent decline in 2011 to grow 34 per cent by the end of September last year. The court yesterday ruled the executive branch violated the separation of powers under the constitution. The court in November stripped lawmakers of their discretionary power to allocate funds for infrastructure ...

    http://www.scmp.com/news/asia/article/1544463/philippine-supreme-court-partially-voids-aquinos-stimulus-package
  7. News - Asia - PHILIPPINES

    Son of former Philippines leader Estrada arrested in graft scandal

    Posted Jun 23rd 2014, 01:15pm by Agence France-Presse

    ... million) in “pork barrel” funds that were allegedly diverted to ghost projects. He has been charged with one count of “plunder”, a non-bailable offence referring to massive corruption, punishable ... Napoles was accused of colluding with lawmakers to embezzle an estimated 10 billion pesos from legislator’s “pork barrel” funds, or money for their pet projects. Napoles initially denied any ...

    http://www.scmp.com/news/asia/article/1538848/son-former-philippines-leader-arrested-graft-scandal
  8. News - Asia - PHILIPPINES

    Philippine senator Ramon 'Bong' Revilla faces music over graft charges

    Posted Jun 20th 2014, 12:43pm by Reuters

    ... 224 million pesos (HK$39.5 million) from congressional funds from 2007 to 2010. The Office of the Ombudsman says Revilla funnelled the funds to non-existent non-government organisations for agricultural projects. The money was then ploughed back to him, several government officials and a businesswoman who devised the scheme, prosecutors say. Aquino abolished such funds last year as part ...

    http://www.scmp.com/news/asia/article/1536798/philippine-senator-arrested-massive-corruption-case
  9. News - Asia - PHILIPPINES

    Aby Sayyaf leader Khair Mundos captured in slum near Manila airport

    Posted Jun 11th 2014, 04:23pm by AFP

    ... in custody to having arranged the transfer of al-Qaeda funds to the Abu Sayyaf's top leader for bombings and other criminal acts throughout Mindanao. He was also charged with multiple counts ...

    http://www.scmp.com/news/asia/article/1530095/philippines-captures-top-al-qaeda-linked-militant
  10. News - Asia - PHILIPPINES

    Philippines recovers US$29m from Marcos accounts

    Posted Feb 12th 2014, 05:19pm by Associated Press

    ... wealth continues 28 years after he was toppled, an official said on Friday. The money, recovered over the last week, is part of the more than US$712 million from Marcos’ secret Swiss accounts now in government hands, said Andres Bautista, chairman of the Presidential Commission on Good Government, the agency in charge of recovering Marcos’ allegedly ill-gotten wealth. The government won ...

    http://www.scmp.com/news/asia/article/1426567/philippines-recovers-us29m-marcos-accounts

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