Benhur K. Luy, the principal whistle-blower, said that according to records he had personally prepared as he was tasked to do by Napoles, there were cash deposits and withdrawals from the NGO accounts that were deposited in the account of Napoles in the Metrobank branch during a nine-day period in 2009: – P7,050,000 withdrawn from account of the Masaganang Ani para sa Magsasaka Foundation Inc. and deposited in the account of Napoles on Nov. 12. – P5,050,000 withdrawn from the account of Agri & Economic Program for Farmers Foundation Inc. and deposited to the Napoles account on Nov. 12. – P3,100,000 deposited from the account of Agricultura para sa Magbubukid Foundation Inc. (Amfi) on Nov. 12. – P2,700,000 deposited from the account of Cared on Nov. 12. – P7,288,000 deposited from the account of Cared, also on Nov. 12. – P2,950,000 cash deposited from Cared on Nov. 17. – P4,100,000 cash deposited from Cared on Nov. 17. – P3,375,000 cash deposited from Cared on Nov. 17. – P1,075,000 cash deposited from Cared on Nov. 17. – P3,125,000 cash deposited from Cared on Nov. 17. – P3,800,000 combined cash from Cared and Amfi deposited on Nov. 18. – P1,235,000 combined cash from Cared and Amfi deposited on Nov. 18. – P1,000,000 cash deposited from Cared on Nov. 19. – P1,610,000 cash deposited from Cared on Nov. 19. – P700,000 cash deposited from Cared on Nov. 20. – P750,000 cash deposited from Cared on Nov. 20. – P1,500,000 cash deposited from Cared on Nov. 20. The document said that to liquidate these funds, Napoles would instruct her employees, including Luy and Suñas, to prepare acknowledgment receipts from supposed beneficiaries, accomplishment reports and requests for the release of remaining funds and officials receipts. “In summary, and based on our personal knowledge, all government funds received by these foundations were actually diverted from their intended purposes to the personal accounts of JLN and to her owned or controlled corporations,” the affidavit said. Read more: newsinfo.inquirer.net/465783/p53m-ngo-deposits-traced-to-napoles-bank-account#ixzz2ab9OSlum Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook
Posted on: Thu, 15 Aug 2013 02:39:55 +0000
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