Slow fund recovery in infra scam may shake investor confidence, analysts say - BusinessWorld Online

Slow fund recovery in infra scam may shake investor confidence, analysts say - BusinessWorld Online

By Erika Mae P. Sinaking PERSISTENT irregularities and slow fund recovery from anomalous flood control projects could continue to disrupt infrastructure programs and weaken investor confidence, analysts said at the weekend. Such delays negatively impact investor and donor confidence as it gives the impression that donations will just be wasted or that funds may not be recovered, Nathaniel “Dinky” von Einsiedel, chairman and principal urban plann…