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Senate execs found getting fat allowances, bonuses By Angie M. Rosales 10/28/2010

Thursday, October 28, 2010

Senate execs found getting fat allowances, bonuses

By Angie M. Rosales 10/28/2010

Sen. Franklin Drilon has been harping about the excessive pay, allowances and bonuses of executives of Government owned and controlled Corporations (GOCC) and Government Finance Institutions (GFI), but in his own backyard, the Senate, some Senate executives have been found by the Commission on Audit (CoA) to be receiving excessive allowances and bonuses, with some of them receiving amounts even higher than their monthly pay.

Those currently subject of “investigation” by the CoA are said to be receiving monthly allowances ranging from P33,000 to as much as P200,000.

This information came about as Drilon stood his ground on the decision made by President Aquino suspending until the yearend the fat bonuses and other perks of some GOCC executives.

The issuance of Executive Order No. 7 was the result of a series of investigations in the Senate on the GOCC executives, led by Drilon.

Drilon yesterday defended the legality of EO 7, saying it was only proper to stop the bleeding of government coffers.

Those now under scrutiny by the CoA are from the Senate secretariat; those who are regular personnel of the upper chamber and not assigned to any of the current senators..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20101028hed5.html

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