NR0120: ADB's report on RP corruption

Mula sa Tanggapan ni Anakpawis Rep. Crispin Beltran
News Release January 20, 2005
House of Representatives, South Wing Rm 602
931-6615 Ina Alleco R. Silverio, Chief of Staff
Email: paggawa@edsamail.com.ph, anakpawis2003@yahoo.com
Cellphone number 09213907362
Visit geocities.com/ap_news

Rep. Blames blames both the Macapagal-Arroyo administration, the ADB and
other multilateral finance agencies for deep-seated corruption in
government

Anakpawis Representative Crispin Beltran today said that the results of the
study of the Asian Development Bank (ADB), "Improving the Investment Climate
of the Philippines" saying that the country ranks among the most corrupt in
the world was not surprising, "but the motives of the ADB for releasing such a
paper were also tainted and definitely self-serving."

"It is not as if the ADB made the study to help the Philippine government to
clean up its act. On the contrary, the ADB's motives are more to goad the
Macapagal-Arroyo government to hasten the passage of the tax bills and impose
more laws that will give greater leeway for foreign investors and their big
local counterparts to extract more profits at the smallest possible capital
outlay," he said. "Corruption in inherent and endemic in the Philippine
government precisely because of the clout, influence of multilateral finance
agencies the likes of the ADB and the International Monetary Fund (IMF) over
public officials up to the executive levels."

Beltran said that it was certain that the ADB is also involved in the current
rush of the Mcapagal-Arroyo administration to ratify its tax measures. He said
it was an open secret that the ADB and the corporations under its wing
release billions yearly in influence-peddling money to pressure governments
into initiating economic reforms that will reflect the globalization agenda.

Beltran said that the ADB's report did not contain any real nuggets of wisdom
nor did it present any solutions or alternatives to the government's current
system of doing trade and business with foreign corporations.

"Corruption in the government is being blamed for the fiscal crisis and slow
economic growth; but in truth corruption is also because of the globalization
policies the ADB and the IMF are imposing on the country. The liberalized
economy is mainly responsible for the widespread and deep-seated and systemic
corruprion, smuggling and multi-billuon tax evasion which have robbed the
public of much needed revenues and destabilized the economy," he said. "The
ADB is one of the proponents of globalization and thus a promoter of government
graft and corruption. It's hypocrisy on the part of the ADB to point out all
this and blame it solely on the Macapagal-Arroyo administration. They're
partners in this corruption after all." #

Mula sa Tanggapan ni Anakpawis Rep. Crispin Beltran
News Release January 20, 2005
House of Representatives, South Wing Rm 602
931-6615 Ina Alleco R. Silverio, Chief of Staff
Email: paggawa@edsamail.com.ph, anakpawis2003@yahoo.com
Cellphone number 09213907362
Visit geocities.com/ap_news

Rep. Blames blames both the Macapagal-Arroyo administration, the ADB and other
multilateral finance agencies for deep-seated corruption in government

Anakpawis Representative Crispin Beltran today said that the results of the
study of the Asian Development Bank (ADB), "Improving the Investment Climate
of the Philippines" saying that the country ranks among the most corrupt in
the world was not surprising, "but the motives of the ADB for releasing such a
paper were also tainted and definitely self-serving."

"It is not as if the ADB made the study to help the Philippine government to
clean up its act. On the contrary, the ADB's motives are more to goad the
Macapagal-Arroyo government to hasten the passage of the tax bills and impose
more laws that will give greater leeway for foreign investors and their big
local counterparts to extract more profits at the smallest possible capital
outlay," he said. "Corruption in inherent and endemic in the Philippine
government precisely because of the clout, influence of multilateral finance
agencies the likes of the ADB and the International Monetary Fund (IMF) over
public officials up to the executive levels."

Beltran said that it was certain that the ADB is also involved in the current
rush of the Mcapagal-Arroyo administration to ratify its tax measures. He said
it was an open secret that the ADB and the corporations under its wing
release billions yearly in influence-peddling money to pressure governments
into initiating economic reforms that will reflect the globalization agenda.

Beltran said that the ADB's report did not contain any real nuggets of wisdom
nor did it present any solutions or alternatives to the government's current
system of doing trade and business with foreign corporations.

"Corruption in the government is being blamed for the fiscal crisis and slow
economic growth; but in truth corruption is also because of the globalization
policies the ADB and the IMF are imposing on the country. The liberalized
economy is mainly responsible for the widespread and deep-seated and systemic
corruprion, smuggling and multi-billuon tax evasion which have robbed the
public of much needed revenues and destabilized the economy," he said. "The
ADB is one of the proponents of globalization and thus a promoter of government
graft and corruption. It's hypocrisy on the part of the ADB to point out all
this and blame it solely on the Macapagal-Arroyo administration. They're
partners in this corruption after all." #