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Recto Denies Liability Over P60 Billion PhilHealth Reserve Fund Transfer

Executive Secretary Ralph Recto has denied any responsibility for the controversial transfer of P60 billion from the PhilHealth reserve funds to the National Treasury during his tenure as Finance chief.

askFinz Newsroom· Jun 19, 2026#plunder#manila#philippines#philhealth reserve funds transfer
Recto Denies Liability Over P60 Billion PhilHealth Reserve Fund Transfer
© The Manila Times
AI Summaryacross 1 source
  • Executive Secretary Ralph Recto has denied any liability for the P60 billion transfer.
  • Critics argue that such a significant amount could disrupt PhilHealth's operations.
  • The government insists the move was legal and did not affect service delivery.
askFinz synthesis.Original report synthesised fromThe Manila Times
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