Manila, Philippines – There’s an elephant in the room that is being ignored, and it is bigger than the P60-billion public funds taken from the Philippine Health Insurance Corp. (PhilHealth), a former solon said on Monday. The P107.23 billion in “excess funds” of the Philippine Deposit Insurance Corporation (PDIC) covering 2024, but remitted to the national treasury in January this year to bankroll government projects, should also be returned to the deposit insurer, former Bayan Muna Representative Carlos Isagani Zarate said. The Supreme Court earlier ordered the return of PhilHealth’s P60 billion, but that ruling was mum about the PDIC remittance to the national coffers, Zarate said. ”The Supreme Court’s decision on the PhilHealth funds is a welcome, though partial, affirmation that public funds must not be used at the mere whim of the executive branch,” Zarate, one of the principal petitioners, said in a statement on Monday, Dec. 8.…