MANILA, Philippines (AP) — The World Bank says it wants a refund of a portion of its $21.9 million loan to the Philippine Supreme Court to support judicial reforms after a review uncovered the misuse of funds.
A bank memorandum submitted to Philippine officials last month says the Judicial Reform Support Project is a "high risk" and its financial statements "can no longer be relied upon."
A copy of the bank's report, released Wednesday by the Philippine Finance Department, asks that $199,900 "ineligible expenditures" be refunded by the end of the month. They include objectionable disbursements for travels and purchases of computers.
The World Bank has acknowledged the …
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