Justice Del Castillo’s white knight
The Cagayan Economic Zone Authority (Ceza) has been omitted by the Commission on Audit (CoA), for reasons only it can fathom, from its list of government-owned and controlled corporations (GOCCs) that was released recently to the public. The Ceza, which supervises the operations of the Cagayan Special Economic Zone located in Port Irene, Santa Ana, Cagayan, functions in the exact same manner as, let’s say, the Clark Development Corp. (CDC) which oversees activities in the Clark Special Economic Zone inside the old Clark Air Base in Pampanga or the Subic Bay Metropolitan Authority (SBMA) in the former Subic Naval Base in Olongapo, Zambales. Of late, nationwide attention has been focused on the SBMA and CDC after it was revealed (again based on CoA data) that officials working for them were among the highest paid in government with fantabulous salaries in 2009. SBMA Chairman Armand Arreza is supposed to have netted P26.8 million, while CDC president Benny Ricafort came away with P14.6 million. Source: The Daily Tribune URL: http://www.tribuneonline.org/commentary/20100815com4.html |
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