CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Default / Miscellaneous

Top court deals blow to Aquino, throws out fund

Published: 02 Jul 2014 - 08:29 am | Last Updated: 23 Jan 2022 - 03:18 pm

 

MANILA: The Philippine Supreme Court threw out as unconstitutional a fund overseen by President Benigno Aquino to stimulate the economy, dealing a setback to his bid to portray himself as a champion of the fight against corruption.
In 2011, Aquino introduced his Disbursesment Acceleration Programme (DAP) as a means to boost government spending.
His critics derided it as a tool to control Congress by buying the loyalty of members.
Three senators are on trial on charges of misusing a separate congressional fund to channel money back to themselves.
Aquino abolished that fundlast year, portraying his action as a key blow in the drive to root out graft.
Theodore Te, spokesman for the court, said certain “acts and practices” under the DAP were illegal and unconstitutional. The vote among 13 justices was unanimous.
Te said the government had violated the constitution by allowing practices like cross-border transfers of government savings to increase funds available to other offices. It was also illegal, the court said, for the government to fund projects “not covered by any general appropriation act”.
A presidential spokeswoman said the administration would not comment until it had examined the ruling.
Nearly 158bn pesos ($3.62bn) from 2011 to 2013 were disbursed under the president’s fund.
The opposition said the ruling exposed attempts by the president to circumvent the law to favour his allies. reuters