Thursday, August 15, 2019

Deputy Ombudsman: P700 billion lost yearly due to corruption

On Thursday, during the National Police Commission’s summit on crime prevention, Deputy Ombudsman Cyril Ramos said the Philippines is losing around P700 billion yearly due to corruption; ranked as the 6th most corrupt among Asia Pacific countries.
Photo credit to the owner

We need to keep reminding ourselves how destructive corruption is, especially for developing countries like ours," Ramos said.

The figure is equivalent to some 1.4 million housing for the poor, medical assistance for around 7 million Filipinos, or a rice buffer stock that can last for more than a year, he added.

With that amount, no Filipino would get hungry.” he said.

The summit, attended by officials of government agencies and various community sectors, seeks to improve crime situation through effective strategies on how to combat criminality including crimes of corruption.

According to Napolcom vice chairman and executive officer Rogelio Casurao, the results of the summit will help rationalize the framework for crime prevention for the next three years of the Duterte administration.

The ultimate goal is peace and order thru intensifying anti-crime initiatives," he said.

Watch the video below:

Source: ABS-CBN

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