Wednesday 20 August 2008

Philippines: OFW remittance fees will go to corruption, says group

MANILA, Philippines - A migrant workers advocacy group on Wednesday said that the exorbitant fees being collected from overseas Filipino workers (OFW) will not go to the national budget but to the pockets of corrupt politicians.

Migrante International chairperson Connie Bragas-Regalado told GMANews.TV in an interview that the government is intensifying its collection tactics to earn more from our workers overseas.

Private cash transfer firm Western Union Co. has already begun collecting documentary stamp tax from money sent home by OFWs.

Patricia Riingen, regional vice president for Western Union, said in a recent briefing that this is not part of their company’s remittance charges and that the revenue will actually be remitted to the national government. [Read more]

No comments:

Post a Comment