Facebook Pixel Was DBM clueless about budget mess until Marcos' exposé? | The Philippine Star - newspaper - Lisez cet article sur Magzter.com

Essayer OR - Gratuit

Was DBM clueless about budget mess until Marcos' exposé?

The Philippine Star

|

February 10, 2026

Corruption thrives when the very agency tasked with ensuring the “equitable, prudent, transparent and accountable” use of public funds is kept blind to glaring budget anomalies.

- By BRIX LELIS

Was DBM clueless about budget mess until Marcos' exposé?

“I'd like to know when your office, or you personally, found out that something was wrong. When did you know that something was amiss?”

That was the question former socioeconomic planning chief Winnie Monsod fired at acting Budget Secretary Rolando Toledo, leaving the audience at the UP School of Economics’ (UPSE) E. Gokongwei lecture room in stunned silence last Friday.

Such things, Monsod continued, “don’t just explode - they build up.”

Toledo, who has been with the Department of Budget and Management (DBM) for almost four decades, said he first learned of the budget scandal when President Marcos brought it to light during his State of the Nation Address last year.

Budget anomalies, Toledo noted, can only be identified when the Commission on Audit (COA), working with the heads of different agencies, conducts validations, site visits or monitoring of ongoing projects.

“First, they should be aware at the agency level.

The facade of the Department of Budget and Management building in Manila.

NOTES ON THE BEAT Was DBM From B1 Second, the COA should have noticed it as well, and that should have been reported," said Toledo, who took the helm of the DBM late last year after his predecessor, Amenah Pangandaman resigned amid the corruption scandal.

"So whatever report that we receive, that's the basis for us to say that the projects are being implemented. So that's from our end," he said.

PLUS D'HISTOIRES DE The Philippine Star

The Philippine Star

Oil price shock weighs on Phl gaming sector

The Philippine gaming industry is starting to feel the burden of soaring oil prices on business activity and mobility amid the ongoing Middle East war, the state gaming regulator said.

time to read

2 mins

April 16, 2026

The Philippine Star

Stable grid and stable growth

If we want more stable and sustained growth, we should have less variable renewable energy (RE) like solar and wind. Conversely, if we want anemic and unstable growth, we should keep expanding those variable RE.

time to read

4 mins

April 16, 2026

The Philippine Star

The Philippine Star

SNICKERS BRINGS MINGYU TO MANILA, ENERGIZES FANS

Following last month's exhilarating experience of watching K-pop supergroup Seventeen's New World Tour here in Manila, fans were given another opportunity to see member Mingyu through the “Snickers with Mingyu” event held at Smart Araneta Coliseum recently.

time to read

3 mins

April 16, 2026

The Philippine Star

Malampaya operator hunts for new oil, gas fields

Delivery of fresh gas supply on track by Q4

time to read

2 mins

April 16, 2026

The Philippine Star

Only nine years, max, for independent directors

The Securities and Exchange Commission has banned independent directors from serving as independent directors in the same listed company after nine years.

time to read

4 mins

April 16, 2026

The Philippine Star

Megaworld gears up for P12-B Batangas wellness estate

Property giant Megaworld Corp. is preparing to commence the development of its P12-billion San Benito Private Estate in Batangas in partnership with CG Hospitality.

time to read

1 mins

April 16, 2026

The Philippine Star

MMDA suspends delivery, pass-through fees in NCR

Unified truck ban enforced; fuel tankers exempted

time to read

1 min

April 16, 2026

The Philippine Star

Spoelstra up in arms

Miami coach Erik Spoelstra said LaMelo Ball should have been ejected for tripping Bam Adebayo, leading to a lower back injury that knocked the Heat's star center out of Tuesday night's 127-126 play-in tournament overtime loss to the Charlotte Hornets.

time to read

1 min

April 16, 2026

The Philippine Star

The Philippine Star

Exporters reduce work days amid rising costs

Exporters are scaling back operations due to declining orders and rising costs amid the Middle East conflict, according to a survey of the Philippine Exporters Confederation Inc.

time to read

1 mins

April 16, 2026

The Philippine Star

7 in 10 Pinoys back Sara impeachment trial – OCTA

Almost seven in 10 Filipinos support the impeachment trial of Vice President Sara Duterte in order for her to address the allegations against her, a recent survey conducted by the OCTA Research group showed.

time to read

1 min

April 16, 2026

Listen

Translate

Share

-
+

Change font size