Business · Philippines Bureau
Former engineer returns additional stolen funds, total now exceeds P866 million
Henry Alcantara, a former Public Works district engineer in Bulacan, has surrendered another cache of misappropriated government money to the Bureau of Treasury. The latest transfer brings the total amount of recovered funds to P866.4 million.
LSN Philippines ·
MANILA—Henry Alcantara, formerly stationed as a Public Works-Bulacan District Engineer, has turned over an additional batch of stolen public funds to the Bureau of Treasury, according to Justice Undersecretary Deo Marco.
Marco disclosed the development on Thursday, revealing that the newly recovered cash has been formally transferred to the BTr. The additional surrender increases the cumulative total of recovered misappropriated government money to P866.4 million.
The case marks a significant recovery of public funds and reflects ongoing efforts by government agencies to combat corruption and fiscal impropriety within the bureaucracy. The Bureau of Treasury has been receiving the recovered amounts as part of the proceedings related to Alcantara's case.
Authorities continue to monitor the situation as investigations proceed into the extent of the misappropriation and whether additional recoveries may be forthcoming.