00:00Senator Ping Lakson reveals that only 40% of the country's flood control funds go to actual
00:07implementation, that most of the funds are lost to corruption, in a privileged speech delivered
00:12on Wednesday, August 20. He says he obtained the information through his office's research
00:16supported by information from insiders, the Department of Public Works and Highways and
00:20contractors, as well as open sources, including information sent to Malacanang, Sumbong sa Pangulo
00:26website. He says the biggest share goes to the funder or the project proponent who is a politician.
00:56President, 20 to 25% ang karaniwang napupunta sa funder or project proponent na politiko.
01:06Lakson also bared substandard and ghost flood control projects in parts of Luzon, including
01:10Pampanga, La Union, Oriental Mindoro, and Bulacan, as well as a new style of corruption in flood
01:16control projects that involves repeated annual funding for an already completed structure.
01:21President Marcos named the top 15 contractors of the government's flood control projects
01:25on August 11, while the Senate Blue Ribbon Committee began its probe on Tuesday, August 19.
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