MANILA - The Senate blue ribbon committee will finally begin its probe into the Malampaya fund scam.
In a statement, committee head Senator Teofisto “TG” Guingona III said: "In the fulfillment of the Senate Blue Ribbon Committee's mandate to investigate alleged wrongdoings of the government and its public officials, the Committee will hear the alleged misuse of the Malampaya fund on September 25, 2014."
The Malampaya fund represents part of earnings from the operation of the offshore Malampaya natural gas plant in Palawan remitted to the government for the latter’s exclusive use for energy development projects.
Portions of the funds, however, ended up in unrelated projects carried out by non-government organizations linked to businesswoman Janet Lim Napoles during the Arroyo administration.
Detained Senator Jinggoy Estrada earlier criticized Guingona for failing to investigate the Malampaya fund scam while focusing only on the pork barrel scam of Mrs. Napoles.
Three opposition senators are currently detained on plunder and graft charges for their alleged links to the pork barrel scam.