Money Lost in Recent Scams in the Arroyo Admin

How much public money has been spent in the past scams under the Arroyo administration?

Senator Pia Cayetano, reacting to reports that President Arroyo wants to allocate P43.7 billion pesos for food security, computed the total amount of money involved in recent scams:

“We’re talking about P43 billion that the President wants to allocate. I computed the figures involved in the past scams: P750 million for the fertilizer scam, P2.25 [billion] for the swine fund, P3.1 billion for the irrigation fund, that’s already P6 billion that’s questionable. Then the administration will refuse to explain, will refuse to attend hearings, will go to court and have a case that says they will not go to the Senate?” (Senate.gov.ph)

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