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Who’s accountable? Who’s to be penalized?

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leonor briones

“The question now is: Who is accountable and who should be penalized?” Groups seeking to nail President Aquino over the Disbursement Acceleration Program (DAP) would have to consider a key document previously mentioned by Budget Secretary Florencio Abad while trying to defend the controversial budget impounding system.

Posted: July 2nd, 2014 in Editors' Picks,Headlines,Nation | Read More »

Amending Constitution an act of nationalism, says lawmaker


The proponents of the Charter change resolution in the House of Representatives have asked their colleagues to help them amend the 1987 Constitution in the spirit of nationalism and in response to calls for inclusive and balanced growth.

Posted: May 15th, 2014 in Latest News Stories,Nation | Read More »

Pope Francis creates new Vatican finance ministry

Pope Francis.  AP FILE PHOTO

Pope Francis on Monday created a new finance ministry to oversee the Holy See’s economic affairs in a move aimed at increasing transparency and boosting funds for the poor following a wave of scandals at the Vatican bank.

Posted: February 24th, 2014 in Latest News Stories,World | Read More »

3 Cabinet members face raps over Malampaya funds

(From left) Florencio Abad, Cesar Purisima and Rosalia de Leon: Facing graft and malversation charges. INQUIRER FILE PHOTOS

Three members of President Aquino’s economic team are facing graft and malversation charges before the Ombudsman for allegedly failing to account for P136 billion worth of royalties from the Malampaya natural gas project.

Posted: January 29th, 2014 in Latest News Stories,Nation | Read More »

Pope wants closer look at Vatican’s finance reform

Pope Francis. AP FILE PHOTO

Pope Francis is trying to get a better handle on the reform of the troubled Vatican bank and the Holy See’s finances, naming his top assistant to look into the work of two commissions of inquiry he set up this year.

Posted: November 28th, 2013 in Latest News Stories,World | Read More »