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Miriam wants RUT funds to go straight to treasury By Angie M. Rosales 09/16/2010

Thursday, September 16, 2010

Miriam wants RUT funds to go straight to treasury
By Angie M. Rosales
09/16/2010

Congress was prodded yesterday to take action in assuring that billions of pesos of proceeds of the road users’ tax (RUT) be channeled to the National Treasury instead of being left in the care of the Department of Public Works and Highways (DPWH) which proved during the Arroyo administration to have provided those in power an easy way to divert public funds.

Sen. Miriam Defensor-Santiago yesterday sought Congress leaders’ intervention to have road users’ fund intended for the 2011 budget deposited with the National Treasury.

Santiago’s move was in relation to her expose, through a privilege speech last year, on what she described as anomalous procedure that provided for a “freewheeling plunder” of the P60-billion road fund from the road users’ tax.

Her colleagues, led by Senate President Juan Ponce Enrile, said they will likely have to amend the law providing for the creation of the road users fund for Santiago’s request to be feasible.

In a formal letter sent each to Enrile and House Speaker Feliciano Belmonte, she urged them to exercise strict oversight on the multibillion-peso Road Users Fund in the 2011 budget.... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20100916hed4.html

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