Quantcast
Latest Stories

GOCC oversight body washes hands of bonuses

By

GCG Chair Cesar Villanueva. Photo from http://www.gcggov.com/thegcg.htm

The grant of fat bonuses and excessive allowances in certain government-owned and -controlled corporations (GOCCs) may have continued unnoticed by President Benigno Aquino  III despite the creation of the Governance Commission for GOCCs (GCG) in 2011.

GCG Chair Cesar Villanueva on Friday insisted that his office had nothing to do with the “unauthorized allowances, bonuses and benefits amounting to P2.313 billion” granted to certain GOCCs  in 2012, which had been disallowed by the Commission on Audit (COA).

In its 2012 annual financial report on GOCCs, the COA ordered officials and employees of 31 GOCCs to refund the government the P2.3 billion that they received in unauthorized bonuses and allowances.

At a press conference in Malacañang on Friday, Villanueva said certain GOCCs under the Aquino administration were still following a compensation framework, including bonuses and allowances, that was approved by the previous Arroyo  administration.

“These are not increases. These are the bonuses that actually were there at the time this new administration came in (in 2010),” he said.

Villanueva, a former dean of Ateneo Law School, apparently believes he is powerless to undo the setup.

“We have a principle in both public and private sectors that says, ‘nondiminution of benefits,’” he said.

He insisted that the GCG was not a lame duck commission for having no power to stop the grant of these bonuses, much less reverse an authorization issued by a previous president for the grant of new benefits.

“We’re not a lame duck because precisely that is what [the bonuses were]—without our authorization. Many of the GOCCs must come to us in order to avoid one serious repercussion—receiving a notice of disallowance from the COA, and notice of disallowance usually means that they have to restitute,” he said.

“In other words, they come to us to ask for authorization so that they can get a clearance from the COA. We never grant it. That’s why the COA keeps on reporting it,” Villanueva said.

He also explained that under Republic Act No. 10149 that created the GCG, failing to clear a notice of disallowance has a corresponding administrative penalty.

“So combined together, we’re not a lame duck. They actually need our clearance in order to avoid the consequences—the civil and criminal of a notice of disallowance. They never get them from us. That’s why the COA is able to report them,” Villanueva said.

Reminded that President Aquino had denounced the excessive paychecks and lavish benefits of GOCC executives and had vowed to dismantle the mechanism that allowed this by creating the GCG and ordering a moratorium on GOCC salary and bonus increases, Villanueva said that as far as the GCG is concerned, it has not granted any increase in bonuses or new benefits for GOCC personnel.

RELATED STORIES:

GOCCs defend P2.3B bonuses for employees

Even if legal, GOCC bonuses are immoral

What Went Before: Fat bonuses granted to execs of 20 state firms


Follow Us

Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Cesar Villanueva , GOCC , Governance Commission for GOCC , oversight body , President Aquino




Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
  1. Kim Henares needs a reprimand, says Cayetano
  2. ‘No real progress in PH if dynasties not dismantled’
  3. More legal woes for Cedric Lee
  4. Massive infra spending set
  5. OFW brings MERS virus to Philippines
  6. DOJ to NBI: Arrest Cedric Lee, 4 others
  7. Cardinal Tagle to faithful: Join politics to clean it
  8. Estrada, Gigi Reyes denied access to evidence from other respondents
  9. Lacson’s wife loses diamond earring to thieves but recovers jewelry quickly with police arrest
  10. DOJ orders arrest of Cedric Lee
  1. Kim Henares needs a reprimand, says Cayetano
  2. Suspect in Vhong Navarro mauling tries to leave PH
  3. Fr. Suarez says last Mass on Easter before returning donated land to San Miguel
  4. MH370 co-pilot made mid-flight phone call – report
  5. More legal woes for Cedric Lee
  6. I’ll follow my conscience on Estrada, says JV Ejercito
  7. ‘Wife of Jesus’ theory papyrus not fake – Harvard study
  8. Gay college instructor arrested for oral sex with student
  9. ‘No real progress in PH if dynasties not dismantled’
  10. Palace: We can’t blame increase in population on Vitangcol
  1. KL confirms Malaysian Airlines Flight MH370 ended in Indian Ocean
  2. MRT passengers pass the hat for 6-year-old Ashley
  3. Pork payoffs to newscasters Erwin Tulfo, Del Prado, others bared
  4. Rookie, lady cops lauded for quick response to MOA heist
  5. Model Helena Belmonte wished ‘to slash her wrist and hope to die’
  6. Malaysia averts another air tragedy; pilot lands troubled plane safely
  7. Revilla says he was joking; Lacson stands by his story
  8. Revilla ‘consulted’ Lacson on how he evaded arrest
  9. Police rule out foul play in Helena Belmonte’s death as boyfriend is ‘traumatized’
  10. Cudia, dismissed for lying, got 99% in conduct
Advertisement

News

  • Two Popes who would be saints
  • Anti-gay demo in Ethiopia cancelled
  • Obama launches measures to support solar energy in US
  • Nebraska toddler gets stuck inside claw machine
  • Philippine eagle rescued by Army turned over to DENR
  • Sports

  • Duke freshman declares for NBA draft
  • Vietnam says it will not host Asian Games
  • Nadal passes clay landmark with 300th victory
  • Wawrinka waltzes through with Monte Carlo walkover
  • Power Pinays smash India in Asian Women’s Club volleyball opener
  • Lifestyle

  • Ford Mustang turns 50 atop Empire State Building
  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • This is not just a farm
  • Clams and garlic, softshell crab risotto–not your usual seafood fare for Holy Week
  • Entertainment

  • Cannes film festival launches race for 2014 Palme d’Or
  • Jones, Godard, Cronenberg in competition at Cannes
  • Will Arnett files for divorce from Amy Poehler
  • American rapper cuts own penis, jumps off building
  • Jay Z to bring Made in America music fest to LA
  • Business

  • US stocks end mostly higher after earnings deluge
  • Total says makes ‘very promising’ oil find off Ivory Coast
  • ‘Chinese Twitter’ firm Weibo to go public in US
  • World stocks subdued, Nikkei flat on profit taking
  • Asia stocks fail to match Wall Street gains
  • Technology

  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Filipinos #PrayForSouthKorea
  • Taylor Swift tries video blogging, crashes into fan’s bridal shower
  • DOF: Tagaytay, QC best at handling funds
  • Smart phone apps and sites perfect for the Holy Week
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • Last call for nominations to ’14 Presidential Awards
  • San Francisco business coalition slams proposed tax on sugary drinks
  • A ‘time-travel’ production of ‘Les Miserable’ at Stanford
  • Filipina Maryknoll sister honored for years of service
  • Malaysia quarantines 64 villagers over MERS virus
  • Marketplace
    Advertisement