Noy can order suspension of GOCC, GFI perks By Angie M. Rosales 08/20/2010

No need for Aquino to issue an EO, ally says Noy can order suspension of GOCC, GFI perks By Angie M. Rosales 08/20/2010 Haste makes waste hardly applies to President Aquino, in the instance of the excessive salaries and allowances currently being enjoyed by officials and officers of government financial institutions (GFIs) and government owned and controlled corporations (GOCCs), which are now being objected and looked into by senators who are allies of the Malacañang tenant. Sen. Franklin Drilon, one of Aquino’s staunch allies in the Senate, yesterday virtually portrayed Aquino as one who tarries too long in making a move to stop government officials from continuing to receive their multimillion-peso allowances and other privileges, even as the budget deficit continues to bloat, when he could easily put a stop to this practice through a simple order from him, since these GOCCs and GFIs fall under the executive department. Placing these questioned remunerations under a suspension order from the Chief Executive should be made pending approval of remedial legislation, Drilon pointed out. Drilon’s statements came in the wake of reports of Aquino issuing anytime soon an executive order (EO) that will effectively put a cap or a ceiling on bonuses and other perks of these officials..... MORE Source:  The Daily Tribune URL: http://www.tribuneonline.org/headlines/20100820hed1.html

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