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10 Biggest Accounting Scandals in Recent Years in The Philippines

Published on July 19, 2017 at 8:41 am by Bojana Petković in Lists, News

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3. PDAF Pork Barrel Scam

Amount: over $197 million

Year: 2013

And now, for some politics on our list of biggest accounting scandals in recent years in the Philippines. The Priority Development Assistance Fund scam, or PDAF scam, is a political scandal involving several members of the Congress and Senate. PDAF is a fund originally intended to be spent on government priority development projects. However, a businesswoman Janet Lim Napoles had her well-being in the first place and robbed the government of some P10 billions of taxpayers’ money.

10 Biggest Accounting Scandals in Recent Years in The Philippines

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