Aquino still has P37 million left in campaign funds
Posted by akosistella on June 16, 2010
MANILA, Philippines – President-elect Benigno “Noynoy” Aquino III declared P440 million in campaign contributions, but only P403 million of this was spent.
The Commission on Elections (Comelec) said Monday Aquino is not obliged to return to donors the balance of P37 million.
“If there’s anything that’s in excess, that’s their responsibility. Comelec has no oversight on that. So however they want to spend it, they’re answerable to their donors. Kay Noynoy na iyon or sa organization niya,” Comelec spokesperson James Jimenez said.
Many of the donors are wealthy businessmen.
Interesting list of names there. The head-scratching variety actually.