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Trouble at SSS; PCOS’ backdoor C.R.O.S.S.R.O.A.D.S Jonathan De la Cruz 06/21/2010

Monday, June 21, 2010

Trouble at SSS; PCOS’ backdoor



C.R.O.S.S.R.O.A.D.S
Jonathan De la Cruz
06/21/2010
Trouble, big trouble, is brewing at the Social Security System (SSS) — the pension fund for the country’s private sector workers. Word is out that the controversial Sapceo (Special Assistant to the President and CEO) former Neda Director-General Romy Neri, has applied for the newly created position of Deputy Chief Executive Officer. Nothing wrong with that, as the guy believes he fulfills all the basic requirements for the job. The problem is that he happens to be Neri’s nephew and, worse, has been credited with having steered the SSS into a number of questionable transactions which have been denounced by SSS personnel and other stakeholders as highly irregular and disadvantageous to the System. Indeed, if we go by the white papers which have been circulating in and out of the SSS, Neri’s nephew, a certain Antonio Echevarria Jr., has allegedly earned such notoriety that mere mention of his name elicits angst and concern if not outright revulsion from the SSS personnel. And now his possible entry as a full fledged employee has engendered renewed calls for investigation of a number of initiatives done during Neri’s stint.

Often cited is the P1 billion accommodation given by the SSS to the Philippine Postal Service (Philpost) supposedly to upgrade and modernize its offices and operations nationwide to service the remittance requirements of OFWs and other workers, promote a culture of savings among them and their families and enhance and promote employment and enterpreneurship opportunities especially in the countryside... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/commentary/20100621com4.html


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