DSWD chief snubs House PEACe bonds probe
By Gerry Baldo 11/25/2010Social Welfare Secretary Corazon “Dinky” Soliman yesterday snubbed the House committee on good govern-ment hearing on the P10-billion Poverty Eradication and Alleviation Certificate (PEACe) bonds saying, in a letter to the panel, that she has nothing to do with controversy.
But despite her denials, it was disclosed that her husband was among the board of directors of the foundation that received the bulk of the P1.3 billion in commissions arising from the flotation of the zero-coupon PEACe bonds that are set to mature next year.
Representatives Jerry Trenas (Iloilo) and Salvador “Sonny” Escudero (Sorsogon) said they were extremely disappointed by the absence of Soliman, who also said she was at a meeting with Maguindanao Gov. Esmael “Toto” Mangudadatu in Mindanao.
Escudero said Soliman should have explained her side so that wild allegations about her involvement in the controversy can be clarified, especially when her husband, Hector Soliman, was one of the board of directors of Peace and Equity Foundation (PEF) which got 90 percent of the P1.3 billion earned by the Caucus of NGO Networks (Code-NGO) through the flotation of the bonds..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/headlines/20101125hed3.html
0 comments
Post a Comment