UPDATE:
An article from ABS-CBN News debunks statements from a Agence France-Presse report that declared Philippines as one of the countries in the French government's foreign aid blacklist.
The French Foreign Minister has denied an Agence France-Presse report that said France has blacklisted the Philippines as one of the "non-cooperative states" in investigating foreign aid fraud, Foreign Affairs Secretary Albert del Rosario said Wednesday.
Foreign Affairs Secretary Albert del Rosario said he sought clarification about the news report with the French government "and have been officially advised that this information is totally inaccurate."
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European powerhouse France has drawn up a blacklist of 17 countries which failed to act and investigate foreign aid fraud, disallowing bank use on distribution of development funds, officials said Monday.
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European powerhouse France has drawn up a blacklist of 17 countries which failed to act and investigate foreign aid fraud, disallowing bank use on distribution of development funds, officials said Monday.
Aides to development minister Pascal Canfin were unable to say how much French foreign aid currently transits via banks in the countries featured on the new blacklist.
The blacklist widens up from an already-established list of eight “non-cooperative states and territories”including Botswana, Brunei, Guatemala, Nauru, and the Philippines.
Added to its list are Costa Rica, Dominica, Lebanon, Liberia, Panama, Switzerland, Trinidad and Tobago, the United Arab Emirates,, and Vanuatu.
The officials said that there was a lack of transparency in these natio further noting that often the main victims of fraud are poor and developing nations.
