Dinky facing possible subpoena from House panel By Gerry Baldo 11/29/2010

Dinky facing possible subpoena from House panel

By Gerry Baldo 11/29/2010
Members of the House minority bloc are planning to subpoena Social Welfare Secretary Corazon “Dinky” Soliman if she continues to ignore the invitation of the House committee on good government and public accountability which is conducting an inquiry into the controversy surrounding the P10-billion zero coupon Poverty Eradication and Alleviation Certificate (PEACe) bonds floated by the Code-NGO (Caucus of Development-NGO Networks).

Zambales Rep. Ma. Milagros “Mitos” Magsaysay, a member of the Lakas-Kampi-Christian Muslim Democrats (CMD), said Soliman, former head of Code-NGO, snubbed the first hearing last Wednesday when the panel had uncovered that her husband, lawyer Hector Soliman, was Code-NGO’s corporate secretary.

Code-NGO had received a windfall earnings of P1.3 billion from the flotation of the P10-billion zero coupons bonds which was allegedly engineered by a relative of then Finance Secretary Isidro Camacho.

Magsaysay warned the Social Welfare chief of facing possible subpoena from the committee if she insists on snubbing the lower chamber’s hearing..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/headlines/20101129hed3.html