MANILA, Philippines — Ninety-four percent of the P15 billion alleged to have been lost to corruption has already been liquidated, Philippine Health Insurance Corporation (PhilHealth) president Dante Gierran said Tuesday.
During a House hearing, Gierran said P14.09 billion that was released to health care institutions (HCIs) under the Interim Reimbursement Mechanism (IRM) has been liquidated as of Feb. 1.
Officials of Philhealth have been accused of pocketing off billions of pesos in a massive corruption scandal, amounting to about P15 billion.
Gierran claimed that there are no missing funds in respect of the IRM since the funds have been distributed to over 700 HCIs.
“With …
Keep on reading: PhilHealth: 94% of P15 billion ’stolen’ funds liquidated