
Business
Napoles, ex-DAR exec found guilty in P50-M 'ghost' projects case
A businesswoman and a former agrarian reform official were found guilty of misusing P50 million in public funds for supposed agricultural projects. Janet Lim-Napoles was also convicted of graft, facing significant prison sentences and ordered to return the embezzled funds.
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- Napoles, ex-DAR exec convicted over P50-M ‘ghost’ projects
The Sandiganbayan Sixth Division has convicted businesswoman Janet Lim Napoles and former Department of Agrarian Reform (DAR) Undersecretary Jerry Pacturan of malversation of public funds amounting to P50 million for non-existent projects for farmers. Napoles was sentenced to imprisonment, while Pacturan received a sentence with a maximum term.