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  • Sandiganbayan says PFI president helped siphon P2.4-M in PDAF funds

    Sandiganbayan says PFI president helped siphon P2.4-M in PDAF funds

    MANILA — The Sandiganbayan Fifth Division has convicted the president of Pangkabuhayan Foundation Inc. (PFI) of malversation over the alleged misuse of PHP2.4 million from the Priority Development Assistance Fund (PDAF) of former Malabon-Navotas Rep. Alvin Sandoval. In a media report, it said that in a decision promulgated Tuesday, the anti-graft court found Petronila Balmaceda…