Can a clean-up help the Philippines clean up? – Asia Times

Advertisement on the back of tuk-tuk in Manila. Around 10 million Filipinos work abroad, sending billions of pesos in remittances back home to support families in a long-ailing economy (Photo: Simon Roughneen)

MANILA – In a landmark trial the Philippines chief justice was impeached yesterday, a major political score for President Benigno Aquino III’s anti-corruption campaign – an effort that officials feel is key to helping the Philippines emulate its neighbours economic growth Chief Justice Renato C. Corona was found guilty of failing to declare financial assets by more than 2/3 of the county’s senate, in a trial coming soon after the prosecution of Aquino’s predecessor, Gloria Macapagal-Arroyo, for corruption and election fraud. After Corona’s fall, how the case against former President Macapagal-Arroyo plays out could be key to altering perceptions that the Philippines is a messy place to do business. “Corruption has made investment uncertain and means companies don’t really know how safe the Philippines is to put their money,” said Mon Casiple, director of the Institute for Political and Electoral Reform (IPER).

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