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  • July 10, 2014
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Results 1 - 10 of 64 for sovereign wealth fund

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  1. 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
  2. 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
  3. 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
  4. 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
  5. 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
  6. 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
  7. News - Asia - PHILIPPINES

    Survivors of Super Typhoon Haiyan in the Philippines struggle to rebuild their lives, six months on

    Posted May 11th 2014, 06:02am by AP

    ... also said he doesn't have full authority to make decisions, implement plans and disburse funds, unlike the official put in charge of rebuilding after the 2004 earthquake and tsunami ... that reconstruction from the Haiyan disaster will cost 104 billion pesos. So far, US$763 million in foreign aid has been pledged for rebuilding, and the government has received about half of that. These funds ...

    http://www.scmp.com/news/asia/article/1509234/survivors-super-typhoon-haiyan-philippines-struggle-rebuild-their-lives
  8. News - Asia - PHILIPPINES

    Guess who came to dinner: Obama's Philippines reception featured a colourful cast

    Posted Apr 29th 2014, 04:37pm by Alan Robles

    ... by government for allegedly taking part in a plot to steal billions of pesos in public “pork barrel” funds. The younger Marcos is also being investigated by the Office of the Ombudsman for the same ...

    http://www.scmp.com/news/asia/article/1499976/guess-who-came-dinner-obamas-philippines-reception-featured-colourful-cast
  9. News - Asia - PHILIPPINES

    Philippines set to end hunt for Marcos’ wealth chase

    Posted Jan 01st 2013, 11:45am by Agence France-Presse in Manila

    ... with recovering all of Marcos’s wealth. Conservative estimates put the worth of assets and funds looted from government coffers at US$10 billion. But before she left office she allowed Marcos’s flamboyant ... Agence France-Presse in Manila The Philippines is to wind down a near-30-year hunt for the embezzled wealth of late dictator Ferdinand Marcos, with more than half the supposed US$10 ...

    http://www.scmp.com/news/asia/article/1117309/philippines-set-end-hunt-marcos-wealth-chase
  10. News - Asia - PHILIPPINES

    Epic hunt for Marcos embezzled wealth fails

    Posted Jan 02nd 2013, 12:00am by AFP

    ... for marcos loot winds down The Philippines is to wrap up a near-30-year hunt for the embezzled wealth of late dictator Ferdinand Marcos, with more than half the supposed US$10 billion fortune still ... him and his family into US exile. She made it her first priority to create the commission, tasked with recovering all of Marcos's wealth. Conservative estimates put the worth of assets ...

    http://www.scmp.com/news/asia/article/1117764/epic-hunt-marcos-embezzled-wealth-fails

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