00:00are actions that PSP has been undertaking recently regarding some of these discussions on
00:09questionable activities regarding these projects. First, there is a new law that was recently
00:18enacted. Let me just say the proper name. It's called AFASA. It's the Anti-Financial Accounts
00:27Coming Act. Under that law, the PSP has issued an inquiry into bank accounts of certain individuals
00:43and an investigation is now focusing on the money-milling activities that could be related
00:51into some of these activities. It could be recalled that under this law,
00:55the banks can temporarily freeze the account of individuals that are named in this
01:04inquiry account. And any information, material information that the DSP may gather
01:10from this initiative, we will use it to help other agencies in their investigation
01:19and including the prosecution activities of other agencies. A second one is also a recent action by
01:29the AMLA authority. They filed a petition under the CA, the Court of Appeals, and the Court of Appeals
01:39and issued a freeze order based on this petition. So these things are now ongoing and we could help or complement
01:49what the other agencies are doing to help us understand better regarding these particular projects.
01:58that particular concern, right? I mean, first, the president created this independent commission
02:10and then again, even at the BBWH with the new secretary there, he has
02:18strongly pursued, you know, fighting of cases against airing the BBWH officials and the BBWH officials.
02:29Again, this response also would help to say that we are doing something about it. And again, over and above the
02:39over and above the, the, the transparency mechanism of BBM. In fact, um, if it, the procurement was stopped
02:46altogether in BBWH, but it's in resume now, but again, with a lot of additional controls like streaming,
02:52the procurement processes. So again, this would help. And then hopefully, um, the, the findings of the
03:01indoment commission will be there to establish and institutionalize, um, the control, um, processes
03:10and control systems that would again, um, would minimize or hopefully eradicate, um, corruption,
03:18in not only the BBWH, but also in other government agencies. Thank you, Sipoy. Um, I just know,
03:26and I mentioned a little bit, the secretary is that we have a visa, a program for the Digital Nomads. So Sebu is
03:36trying to be a destination for digital nomads. These are the, uh, national budget call, the national expenditure
03:44program, uh, the, uh, general appropriations, um, um, the in-year report or the DBCC, uh, uh,
03:56annual fiscal report and the DBCC midyear report. So these are being delivered annually
04:05with a set of standards in compliance with the OBS. So there are certain NGs or contents
04:15in these reports that, aside from being published online, there are contents in these reports
04:24that help us improve on the scores in terms of transparency. And our recent survey indicates
04:35that we already got 75 out of 100 based on a standard set of questions. And that made
04:43us number one fiscal transparent government in Asia. Thank you.
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