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  • 17 hours ago
Executive secretary Ralph Recto and former PhilHealth CEO and president Emmannuel Ledesma Jr are facing multiple complaints over the state insurer’s transfer of P60 billion in ‘excess’ funds to the national treasury.

Full story: https://www.rappler.com/philippines/recto-ledesma-face-criminal-complaint-philhealth-fund-transfer/

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00:01Executive Secretary Ralph Recto and former PhilHealth CEO and President Emanuel Ledesma Jr. are facing multiple complaints over the state insurer's transfer of P60 billion in excess funds to the National Treasury.
00:13The Supreme Court ordered the return of the funds in December, declaring the transfer was unconstitutional.
00:18A group of doctors and lawyers filed the cases with the Office of the Ombudsman on Thursday, January 15.
00:24Recto and Ledesma are facing charges of technical malversation, graft, plunder, and grave misconduct.
00:29The complaint states that Recto and Ledesma exhibited, quote, gross inexcusable negligence in the transfer.
00:35In a statement last December 22, Recto reiterated his innocence, citing the SC ruling which says there was no criminal liability on his part as former finance chief.
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