Close Menu
    Track all markets on TradingView
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Term And Conditions
    • Disclaimer
    • About us
    • Contact us
    Facebook X (Twitter) Instagram
    WSJ-Crypto
    • Home
    • Bitcoin
    • Ethereum
    • Blockchain
    • Crypto Mining
    • Economy and markets
    WSJ-Crypto
    Home » Ex-DPWH Engineer Henry Alcantara Donates P110 Million to the Nation’s Fund!
    Economy and markets

    Ex-DPWH Engineer Henry Alcantara Donates P110 Million to the Nation’s Fund!

    wsjcryptoBy wsjcrypto30 Novembre 2025Nessun commento2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    “`html

    Former Bulacan District Engineer Henry C. Alcantara made a significant move on Friday by handing over a hefty sum of P110 million to the government. This payment is part of his commitment to make amends after admitting he authorized payments for fake “ghost” infrastructure projects.

    Acting Justice Secretary Fredderick A. Vida shared that Mr. Alcantara’s cash turnover, facilitated through his lawyer, is a key step in the restitution process tied to his application for the Justice Department’s Witness Protection Program (WPP), amid ongoing investigations into flood control issues.

    “This shows good faith. By becoming a state witness, he’s expressing, ‘Dear DOJ, we want to support the government because we regret what we did. If we gained anything from it, we’re returning it to the public.’ This is a big step towards justice,” Mr. Vida remarked during a press briefing in Filipino.

    He also mentioned that the Bureau of the Treasury (BTr) and the Land Bank of the Philippines (LandBank) will work together to verify the funds before the amount is officially accepted. “They will check for any counterfeits or missing data. Everything will be confirmed. Once counted, they will certify the sum, and the Bureau of Treasury will provide an official receipt,” he explained.

    Previously, Mr. Alcantara confessed that during his time as Bulacan’s first district engineer, he signed off on completion certificates for numerous non-existent flood control and infrastructure projects. The total estimated earnings from alleged kickbacks and fraudulent projects during Mr. Alcantara’s term stand at around P300 million.

    The cash handover took place right as the DOJ was conducting a preliminary investigation into the Bulacan flood control project cases on Friday — Erika Mae P. Sinaking



    Source link
    “`

    return a list of comma separated tags from this title: Ex-DPWH engineer Henry Alcantara turns over P110 million in cash to the nation’s coffers
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    wsjcrypto

    Related Posts

    “NYT’s Take on Sacks’ Conflicts: Just a Bunch of Hot Air”

    1 Dicembre 2025

    Hotel101 Unveils 429-Room Condotel in Milan – Its Second Spot in Europe!

    30 Novembre 2025

    SEC Commissioner Hester Peirce Stunned by Ongoing Debate Over Self-Custody

    30 Novembre 2025

    Nasdaq’s Digital Assets Chief: Tokenized Stocks Are a Top Focus!

    30 Novembre 2025
    Add A Comment

    Comments are closed.

    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Top Coins
    # Name Price Changes 24h Market CAPVolumeSupply
    WSJ-Crypto
    Facebook X (Twitter) Instagram Pinterest
    • Privacy Policy
    • Term And Conditions
    • Disclaimer
    • About us
    • Contact us
    ©Copyright 2025 . Designed by WSJ-Crypto

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version