Ligot a front in raid of military coffers By Angie M. Rosales 02/22/2011

SENATOR VOWS TO UNMASK PERSONALITIES BEHIND EX-COMPTROLLER

Ligot a front in raid of military coffers

By Angie M. Rosales 02/22/2011

Having succeeded in keeping a little under P1 billion in his uncovered 10 bank accounts, it is improbable for the former military comptroller under the term of the late Armed Forces of the Philippines (AFP) Chief of Staff Angelo Reyes, Lt. Gen. Jacinto Ligot, to have accumulated such a huge sum by himself, which could translate to his having been a front for someone big and powerful or that he was in cahoots with certain unidentified individuals in raiding the national coffers as he could not have possibly done it by himself.

Ligot was found to have kept in the past an estimated P740 million worth of combined peso and dollar deposits in 10 banks, and he may have been fronting for another person or individuals.

Sen. Franklin Drilon yesterday said this was a big possibility and vowed to unmask Ligot as having been in cahoots with certain individuals in raiding the country’s coffers, if he is found to have been fronting for them.

At the same time, Drilon vowed to make accountable some of the banks that accommodated the retired general and his supposed dummies in putting up the questioned accounts..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/headlines/20110222hed1.html