ICYMI: Cielo Magno identifies source of corruption in Congress | ANC скачать в хорошем качестве

ICYMI: Cielo Magno identifies source of corruption in Congress | ANC

Headstart: In case you missed it (November 3, 2025): Corruption in government will not stop, according to Prof. Cielo Magno, as long as lawmakers are given the discretion to insert funding for their pet projects in the national budget. Magno said the jailing of several lawmakers linked to the Napoles pork barrel scam failed to curb corruption because officials merely looked for other ways to divert government funds. “From millions, now we have billions because we did not change any…The discretion to be able to insert infrastructure projects, that shouldn't be a job of legislators.That created that rent-seeking opportunity, di ba? If I can insert, then pwede nyo na akong bigyan ng cut d'yan because I'm the one who made it possible na magkaroon ng funding. And that is the source of corruption,” she said. Magno backed revisions in filling up SALNs such as proper evaluation of assets as well as a section on declaring beneficial ownership. She cited the case of ex-Ako Bicol Rep. Zaldy Co who allegedly made billions of pesos in insertions in the national budget, which then benefited construction companies owned by his family. “At the personal level, he could have divested talaga, but then transfer it to his siblings or to his kids or to his cousin or to his wife, diba? So who's really benefiting from all these projects? Kaya ‘yung concept of beneficial ownership is very important,” she said. Subscribe to iWant to watch ANC live and on-demand: https://www.iwanttfc.com For more ANC Interviews, click the link below:    • ANC Interviews   For more ANC Highlights click the link below:    • ANC Highlights   For more The World Tonight videos, click the link below:    • The World Tonight   Subscribe to the ANC YouTube channel!    / ancalerts   Visit our website at https://news.abs-cbn.com/anc Facebook:   / ancalerts   Twitter:   / ancalerts   #Headstart #ANCDigital #ABSCBNNews #CieloMagno #Corruption #Congress