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Plunder, other raps filed vs Recto, Ledesma over PhilHealth fund transfer
Business World Philippines
|December 23, 2025
A MULTISECTORAL group on Monday filed technical malversation, plunder, and grave misconduct complaints against Executive Secretary Ralph G. Recto and former Philippine Health Insurance Corp. (PhilHealth) President Emmanuel R. Ledesma, Jr. over the 2024 transfer of P60 billion in reserve funds.
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The complaint-affidavit was lodged before the Office of the Ombudsman by the Save the Philippines Coalition, which accused Mr. Recto, as former Finance secretary, and Mr. Ledesma, former PhilHealth chief, of violating laws governing PhilHealth funds, while noting that the Supreme Court’s ruling declaring the transfer illegal did not impose criminal or administrative liability on Mr. Recto.
"Only the National Prosecution Service or the Office of the Ombudsman can determine whether there is probable cause to hold a person liable for a crime," Irene Ann C. Caballes, one of the petitioners told reporters.
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