Retired Supreme Court Associate Justice Antonio Carpio said Executive Secretary Ralph Recto could face plunder and technical malversation charges if the Supreme Court rules that the Bureau of the Treasury (BTr) unlawfully used ₱167 billion in trust funds to finance flood control projects.
flood control
program to proceed despite the funds being legally restricted.
Carpio expressed,
He added that the PhilHealth and PDIC remitted the funds under the directive of the Department of Finance, which was then headed by Recto as finance secretary. This was accordingly “unconstitutional,” as the funds should only be used as the law has mandated.
“It will be plunder because this is a series because there were two transfers and there were also transfers from several tranches from PDIC,”
he explained.
pertaining to the flood control controversy.