PARIS, France - France has drawn up a blacklist of 17 countries, including the Philippines, that do not help investigate foreign aid fraud, banning the use of their banks to help distribute development funds, officials said Monday, May 27 (Tuesday in Manila).
Aides to development minister Pascal Canfin were unable to say how much French foreign aid currently transits via banks in the countries featured on the new blacklist.
The blacklist expands on an already-established register of 8 "non-cooperative states and territories" that already includes Botswana, Brunei, Nauru, Guatemala and the Philippines.
It adds Switzerland, Lebanon, Panama, Costa Rica, the United Arab Emirates, Dominica, Liberia, Trinidad and Tobago, and Vanuatu. PH included in French aid blacklist
Best Posts in Thread: Philippines included in French aid blacklist
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DavyL200 DI Forum Luminary ★ Global Mod ★ ★ Moderator ★ Highly Rated Poster Showcase Reviewer
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DavyL200 DI Forum Luminary ★ Global Mod ★ ★ Moderator ★ Highly Rated Poster Showcase Reviewer
$100,000,000 and a few Wooden shacks which will blow down in the next typhoon. It really is a sad case of affairs when currupt officials treat their own people like this!
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If more countries did this you might see some changes being made with the way the Philippines handles aid money.
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