MAR LIKELY TO BE CHAIRMAN, PURISIMA, ABAD TO SERVE IN GCG BODY
Noy gives Roxas Balay men more posts, power
By Aytch S de la Cruz 06/07/2011With the creation, now by law, of a body that is to oversee policies and supervise the government-controlled corporations, the Balay group of losing vice presidential candidate, former Sen. Manuel “Mar” Roxas, appears to have assumed even more power than before.
The GOCC Governance Act of 2011, authored by Sen. Franklin Drilon, a Liberal Party official, was signed into law by President Aquino yesterday and with the chief executive appointing at least two Cabinet officials to the body, both of whom are identified with Roxas.
Drilon’s bill has caused the creation of the Governance Commission for Government-owned and -controlled corporations (GCG) and mandates the body to be composed of five members —
undersecretary to be appointed by the President—and the Budget and Finance secretaries as ex-officio members..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/headlines/20110607hed1.html
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