Philippines blacklisted for handling aid

pablo-aid

France has put the Philippines on a blacklist of countries that do not help investigate foreign aid fraud, according to a report published by Agence France Press on May 28.

The blacklisting means that Philippine banks are now banned from distributing development funds that originate from France.

The only other ASEAN nation on the French blacklist is Brunei. Both countries find themselves listed among Botswana, Nauru, Guatemala, Lebanon, Panama, Costa Rica, the United Arab Emirates, Dominica, Liberia, Trinidad and Tobago, Vanuatu, and, interestingly, Switzerland.

France’s Development Minister Pascal Canfin justified the move by saying there was a lack of transparency in the nations on the list, adding that poor and developing countries were often the “main victims” of fraud.

The Philippine government said it was “surprised” to find the country on the list of “non-cooperative states and territories.”

Deputy presidential spokesperson Abigail Valte said the Philippine government would like to find out the reasons for the blacklisting by France.

“We’re trying to get a better handle on what it really is and what the observations are,” Valte said.

She noted that some foreign aid is not given directly to the Philippine government but through non-governmental organisations as direct recipients of grants.

 



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France has put the Philippines on a blacklist of countries that do not help investigate foreign aid fraud, according to a report published by Agence France Press on May 28. The blacklisting means that Philippine banks are now banned from distributing development funds that originate from France. The only other ASEAN nation on the French blacklist is Brunei. Both countries find themselves listed among Botswana, Nauru, Guatemala, Lebanon, Panama, Costa Rica, the United Arab Emirates, Dominica, Liberia, Trinidad and Tobago, Vanuatu, and, interestingly, Switzerland. France's Development Minister Pascal Canfin justified the move by saying there was a lack of transparency...

pablo-aid

France has put the Philippines on a blacklist of countries that do not help investigate foreign aid fraud, according to a report published by Agence France Press on May 28.

The blacklisting means that Philippine banks are now banned from distributing development funds that originate from France.

The only other ASEAN nation on the French blacklist is Brunei. Both countries find themselves listed among Botswana, Nauru, Guatemala, Lebanon, Panama, Costa Rica, the United Arab Emirates, Dominica, Liberia, Trinidad and Tobago, Vanuatu, and, interestingly, Switzerland.

France’s Development Minister Pascal Canfin justified the move by saying there was a lack of transparency in the nations on the list, adding that poor and developing countries were often the “main victims” of fraud.

The Philippine government said it was “surprised” to find the country on the list of “non-cooperative states and territories.”

Deputy presidential spokesperson Abigail Valte said the Philippine government would like to find out the reasons for the blacklisting by France.

“We’re trying to get a better handle on what it really is and what the observations are,” Valte said.

She noted that some foreign aid is not given directly to the Philippine government but through non-governmental organisations as direct recipients of grants.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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