AUDIT: RED FLAGS OVER PHILIPPINES’ MALAMPAYA NATURAL GAS PROJECT

imagePalawan, Philippines (The Adobo Chronicles) – Yesterday, The Adobo Chronicles reported that the Philippines’ Commission on Audit (COA) has raised some red flags during its audit of the government funds raised from the natural gas extraction project off the coast of Palawan province.

The private service contract provides for a production-sharing scheme in which the government gets 60 percent of earnings from the operation. Part of the government’s share — 900 Million pesos — was allotted for the rehabilitation of farms in 97 towns devastated by powerful storms. Instead, COA alleged that the amount was siphoned off and channeled to questionable non-governmental organizations (NGOs).

(See full story here.)

Well it turns out that even before COA began the audit, the operators of the project already had raised many red flags over the offshore rig (see photo) which led to the fund scam inquiry.

Sometimes, banners do the trick!

PHILIPPINES: NEW WORD ADDED TO TAGALOG DICTIONARY

downloadManila, Philippines (The Adobo Chronicles) – Previously, The Adobo Chronicles reported that ‘selfitis’ was officially added as a new word in the Oxford Dictionaries of English.

Today, a new word was added to the Tagalog (Pilipino) Dictionary, thanks to a new government fund scam uncovered by the country’s Commission on Audit (COA).  The new word is Malampaya.

Origin

Malampaya is a $4.5 Billion project started in 2002 off Palawan Island in the Philippines.  Operated by Shell Philippines Exploration BV and Chevron Malampaya LLC, it involves the extraction of natural gas off the waters of Palawan.

The service contract provides for a production-sharing scheme in which the government gets 60 percent of earnings from the operation.

Part of the government’s share — 900 Million pesos — was allotted for the rehabilitation of farms in 97 towns devastated by powerful storms. Instead, COA alleged that the amount was siphoned off and channeled to questionable non-governmental organizations, mostly associated with businesswoman Janet Lim-Napoles, the incarcerated alleged mastermind of another fund scandal, a 10 Billion-peso pork barrel scam which benefited many top government officials.

In the Tagalog language, there is a word — Manampalataya — which means “to have faith.”

The Commission on the Filipino Language thought it appropriate to add the new word Malampaya to the Tagalog Dictionary because of this recent fund scam.  It will mean the exact opposite of Manampalataya.

The new word entry was indeed added to mean “to lose faith.”

Filipino language experts immediately hailed the new word addition, saying that “with the unending government fund scams and scandals that have preyed on taxpayer money, we urgently needed a new word to express our loss of faith in the government.”

Malampaya v., inf. lose faith; withdraw one’s faith in something, i.e., in a corrupt government

 

 

MASSIVE FLIGHT DELAYS AT MANILA’S INTERNATIONAL AIRPORT LEAVE THOUSANDS OF PASSENGERS STRANDED

imageManila, Philippines (The Adobo Chronicles) – Manila’s main international airport has repeatedly been named among the worst airports in the world. This weekend, that reputation became even worse as thousands upon thousands of passengers were stranded and hundreds of incoming and outgoing flights were delayed or cancelled at the Ninoy Aquino International Airport (NAIA).

The reason? Ground personnel of Cathay Pacific Airlines, still in their official uniforms, left their posts, counters and stations to put up a show in the middle of the busy and crowded main airport terminal.

It was meant as a ‘flash mob’ performance to welcome incoming passengers from Asia, Europe, America and other continents. The singing and dancing ground personnel delighted many onlookers who subsequently missed their flights and connections. Incoming flights were stranded at the runways because there was not a single ground staff person to assist the flight crew and passengers.

While the flash mob involved only Cathay Pacific employees, other airlines were affected  because their respective ground crew also left their stations to watch and videotape the impromptu dance performance.

Did we already mention that “It’s More Fun in the Philippines?”