[ANALYSIS] PilferHealth

Ignoring the advice of bankers, finance men and economists, hellbent and deaf, the government of Ferdinand R. Marcos Jr. forged ahead and bullheadedly created a fund from existing albeit committed capital pilfered from financial institutions it controlled. Emboldened by the absence of effective grassroots opposition due to the complexity of the modus, other vulnerable sources were scoured as appointees tasked to safeguard our precious funds yielded.

This is the story of one of those funds.