The Pandora's Box Exposed the Extravagance of PNoy's PCGG Board Compared to Pres. Duterte


A popular Facebook Page The Pandora Box, exposed another controversy during the administration of former Pres. Benigno S. Aquino wherein the meeting of the Presidential Commission on Good Government were allegedly conducted in expensive venues  unlike during the present administration of Pres. Duterte all board meetings were held inside the PCGG office.


Based upon the table presented by The Pandora Box on their FB Page, during the term of Pres. Aquino's appointees in the PCGG  conducted most of their meeting at Shangri-La Hotel, Manila Peninsula Hotel and other luxurious venues.

The PCGG under the administration of Pres. Duterte also confirmed that they are now investigating the alleged irregularities of the previous PCGG under the Aquino administration as they released an official press statement.

Under the administration of Pres. Duterte the PCGG assured the public that upon the assumption to office of the appointees of President they have already discontinued past practices that are considered as excessive and unnecessary.

Here's the Complete PCGG Press Statement


Presidential Commission on Good Government
PCGG PRESS STATEMENT
25 August 2017

​The Presidential Commission on Good Government (PCGG) has been receiving inquiries on the allegations of abuse of the resources of some sequestered and surrendered corporations under its control and supervision. This issue came up after the National Bureau of Investigation (NBI) disclosed that some corporations under the PCGG have opened bank accounts with the Luzon Development Bank (LDB) during the time of former PCGG Chairman Andres Bautista.

​The PCGG wants to assure the public that upon the assumption to office of the appointees of President Rodrigo R. Duterte, they have already discontinued past practices that are considered as excessive and unnecessary. Some of the changes incorporated under the PCGG - Duterte administration are the following:

1) The savings, checking, and business savings account of the concerned sequestered and surrendered corporations with Luzon Development Bank (LDB), opened during the time of Chairman Bautista, were already ordered to be closed and transferred to their previous depository bank (UCPB) and to the Land Bank of the Philippines.

2) The previous practice of the concerned sequestered and surrendered corporations of purchasing millions of pesos worth of gift checks and gift cards for distribution to its officers, and even to members of the media, was already immediately terminated. After the assumption to office of Commissioners Reynold Munsayac, Rey Bulay, and John Agbayani, not a single centavo of public fund was ever used to purchase even a single gift check as this previous practice is subject to abuse.

3) All PCGG employees/consultants are now required to submit accomplishment reports and are no longer allowed to issue a Special Power of Attorney (SPA) to allow another person to claim their salary. We noticed that several supposed consultants during the previous administration have executed SPAs allowing an employee from the office of Chairman Bautista to receive their salaries.

4) Board meetings of the concerned sequestered and surrendered corporations should only be held within PCGG premises provided that the number of attendees can be accommodated. During the previous administration, around fifty six (56) times, the board and stockholders’ meetings were held in luxurious hotels like EDSA Shangri-La, Makati Shangri-La, Manila Peninsula, and Cru Steakhouse Marriott. Meanwhile, all of five (5) meetings conducted by the President Duterte appointed board were merely held inside the PCGG office. Please see picture below indicating examples of board meeting venue preferences.

The PCGG will always remain faithful to its mandates. Its current officers will ensure that public funds and the valuable resources of sequestered and surrendered corporations will be protected. Thank you.


Source: The Pandora Box FB Page

The Pandora's Box Exposed the Extravagance of PNoy's PCGG Board Compared to Pres. Duterte The Pandora's Box Exposed the Extravagance of PNoy's PCGG Board Compared to Pres. Duterte Reviewed by Phil Newsome on 8/28/2017 Rating: 5

No comments:

Powered by Blogger.