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House to probe Code-NGO ahead of Truth body By Gerry Baldo 10/27/2010

Wednesday, October 27, 2010

House to probe Code-NGO ahead of Truth body

By Gerry Baldo 10/27/2010

Congressmen aren’t about to wait for the Malacañang-created Truth Commission headed by former Chief Justice Hilario Davide Jr. to investigate the alleged P10-billion bond scam.

Ahead of an impending investigation planned by the Truth body, the House of Representatives is bent on initiating its full-dress investigation into the allegations that a big non-government organization – Caucus of Development NGO Networks (Code-NGO) — then headed by Social Welfare Secretary Corazon “Dinky” Soliman profited from the flotation of the P10-billion Poverty Eradication and Alleviation Certificate (PEACe) bonds.

Malacañang has absolved Soliman, along with Peace Adviser Secretary Teresita Deles, who is said to also have been part of Code-NGO, with the Palace insisting that various investigations already have been conducted on Soliman and that she had been already cleared.

But lawmakers said that while the issue had been investigated during the time of former President Arroyo, the probe was “half-cooked.”

The House of Representatives, as well as the Senate, was dominated by the Arroyo allies. At that time of the investigations, with the majority being allied with Malacañang and its Cabinet members, not a single scandal or scam was ever throughly probed, with Palace aides predictably being cleared..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20101027hed4.html

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