JUAN DELA CRUZ INDEBTED P46,240.00

IF I READ IT RIGHT THIS IS WHAT EVERY FILIPINOS OWES DUE TO EXCESSIVE PHILIPPINE GOVERNMENT BORROWINGS, UNWISE SPENDING AND UNCONTROLLED CORRUPTION.

ACCORDING TO ASIAN DEVELOPMENT BANK (ADB), THE AMOUNT LOST TO CORRUPTION WORLDWIDE HAS BEEN ESTIMATED TO REACH $3.61 TRILLION A YEAR.

THE ANTI-CORRUPTION AND INTEGRITY OFFICE OF ADB REPORTED THAT BRIBERY ALONE ACCOUNTS FOR AN ESTIMATED $1 TRILLION A YEAR WORLDWIDE.

PROCEEDS OF CORRUPTION IN BRIBES RECEIVED BY PUBLIC OFFICIALS ARE ESTIMATED TO $20 BILLION TO $40 BILLION PER ANNUM.

RECENTLY THE PHILIPPINE GOVERNMENT WAS ROCKED LEFT AND RIGHT BY CORRUPTION CASES EVEN THE SO-CALLED PROTECTOR OF THE PEOPLE, THE ARMED FORCES OF THE PHILIPPINES WAS NOT SPARED BY SYSTEMATIZED CORRUPTION SPEARHEADED BY THE ELITE CIRCLE OF GENERALS.

KEEP IN MIND THAT THESE VARIOUS LOANS ARE INTENDED FOR REDUCING POVERTY AND IMPROVE THE QUALITY OF LIVING OF MR. JUAN DELA CRUZ.

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