Audit PCGG before abolition — solons By Angie M. Rosales 01/11/2011

Audit PCGG before abolition — solons

By Angie M. Rosales 01/11/2011
Terminating the 25-year Presidential Commission on Good Government (PCGG), which has been assailed as a breeding farm for milking cows of the government, should happen only after an exhaustive audit is made on all sequestered properties based on their value when they were taken over by the agency particularly the dissipated assets, according to senators.

“The Senate President (Juan Ponce Enrile) has been proposing (that) for a long time already. From the view, at least of the Senate, it (PCGG) has nothing to show except for a long string of litigations,” Sen. Gregorio Honasan said during a phone-patched interview with reporters.

Honasan, chairman of the committee on public order, referred to earlier statements made by Enrile backing the plan of current PCGG chairman Andres Bautista to phase out the commission within two years and turn over all pending litigation to recover alleged ill-gotten wealth of the Marcoses and their cronies to the Department of Justice (DoJ) and the recovered assets to the Finance Department (DOF).

Enrile is of the position that the PCGG should have long been abolished and not made practically a permanent institution since its mandate was to recover.... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/headlines/20110111hed5.html