Quantcast
Latest Stories

3 GOCCs linked to pork scam abolished

By

Presidential Spokesperson Abigail Valte. INQUIRER FILE PHOTO

MANILA, Philippines—President Benigno Aquino III has ordered the abolition of three government-owned and -controlled corporations (GOCCs) linked to the P10-billion pork barrel scam—Philippine Forest Corp. (PhilForest), ZNAC Rubber Estate (ZREC) and National Agri-Business Corp. (Nabcor).

A Malacañang spokesperson noted that the three GOCCs had been implicated as “conduits of fake PDAF (Priority Development Assistance Fund (PDAF) allocations.”

Deputy presidential spokesperson Abigail Valte said the decision was based on financial viability, adding that the three agencies neither fulfilled the purposes for which they were created nor had a tangible social impact.

She said the three GOCCs might not be the last to be abolished.

“More GOCCs may be abolished as the GCG (Governance Commission for GOCCs) fulfills its mandate to rationalize the government-owned and -controlled corporations of the country,” she said.

The decision of the President to abolish the three GOCCs was in pursuit of “maximizing efficiency and promoting accountability.”

“The decision to abolish them was based on a financial viability and relevance to national development plans study conducted by the Governance Commission for GOCCs, which is the regulatory agency for such corporations,” Valte said.

She said that from the start of his administration, Mr. Aquino had pursued a policy of promoting efficiency in government corporations, “to ensure that they serve as a means for fostering national development and not as a conduit or facilitator of selfish agendas and crimes.”

 

Separation package

“Seeing that the three agencies neither fulfill the purposes for which they were created, nor had a tangible social impact, and that furthermore, they were no longer financially viable, the President gave his clearance for the formation of a technical working group to wind down operations and transfer relevant functions and operations (to other offices), as well as to attend to the separation pay for employees in keeping with Civil Service rules,” Valte said.

However, she stressed that any separation packages would be withheld for those found to have committed graft or other corrupt practices.

Nabcor and ZREC are among the five state entities that Malacañang wanted abolished in the wake of the misuse of PDAF, the graft-ridden pork barrel which financed the pet projects of lawmakers.

The others are PhilForest, an agro-forestry arm of the Department of Environment and Natural Resources (DENR); Technology Resource Center  (TRC) of the Department of Science and Technology; and the National Livelihood Development Corp. (NLDC) of Land Bank of the Philippines.

It was Environment Secretary Ramon Paje who earlier disclosed that President Aquino had asked the Office of the Government Corporate Counsel to study the abolition of the five state entities.

Paje said Aquino was “extremely disappointed” with how the pork barrel scam continued into his administration, particularly with the release of the P428.5 million PDAF of two senators (Gringo Honasan and Lito Lapid) and 24 members of the House of Representatives to the five state companies.

The P428.5-million pork barrel was released from October 2010 to December 2011 to nine fake nongovernment organizations (NGOs), which do not belong to the network of bogus NGOs put up by detained Janet Lim-Napoles, the alleged mastermind of a P10-billion scam.

Apart from being linked to the scam, Nabcor has incurred huge debts from the Agriculture Enhancement Competitiveness Fund that it could no longer recover, Agriculture Secretary Proceso Alcala said.

A party-list representative, however, wondered why NLDC was not among those abolished.

Bayan Muna Rep. Neri Colmenares said the NLDC was used to funnel P1 billion in pork barrel funds into seven fake NGOs reportedly controlled by Napoles from 2008 to 2012.

Colmenares noted that this was no different from the three state firms that were ordered abolished. With a report from Gil C. Cabacungan

RELATED STORIES

Pork barrel out; no more NGOs

Abolition of 36 ‘underperforming’ GOCCs sought


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: Abigail Valte , GOCCs , Nabcor , National Agri-Business Corp. , PDAF , PDAF allocations , Philforest , Philippine Forest Corp. , pork barrel scam , Priority Development Assistance Fund , ZNAC Rubber Estate , ZREC




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. US teacher fired over comment on black president
  2. Filipinos, Dutch re-enact crucifixion of Christ
  3. Magnitude-7.5 earthquake shakes Mexican capital
  4. Henares on Pacquiao bashing: I did not start this
  5. ‘No real progress in PH if dynasties not dismantled’
  6. More legal woes for Cedric Lee
  7. Massive infra spending set
  8. Easter crucifixions draw huge crowds
  9. ‘Mom, I love you,’ says text from student on sinking ferry
  10. Kim Henares needs a reprimand, says Cayetano
  1. Kim Henares needs a reprimand, says Cayetano
  2. Suspect in Vhong Navarro mauling tries to leave PH
  3. More legal woes for Cedric Lee
  4. Fr. Suarez says last Mass on Easter before returning donated land to San Miguel
  5. ‘Mom, I love you,’ says text from student on sinking ferry
  6. MH370 co-pilot made mid-flight phone call – report
  7. ‘No real progress in PH if dynasties not dismantled’
  8. I’ll follow my conscience on Estrada, says JV Ejercito
  9. Massive infra spending set
  10. OFW brings MERS virus to Philippines
  1. KL confirms Malaysian Airlines Flight MH370 ended in Indian Ocean
  2. MRT passengers pass the hat for 6-year-old Ashley
  3. Rookie, lady cops lauded for quick response to MOA heist
  4. Model Helena Belmonte wished ‘to slash her wrist and hope to die’
  5. Malaysia averts another air tragedy; pilot lands troubled plane safely
  6. Revilla says he was joking; Lacson stands by his story
  7. Revilla ‘consulted’ Lacson on how he evaded arrest
  8. Police rule out foul play in Helena Belmonte’s death as boyfriend is ‘traumatized’
  9. Cudia, dismissed for lying, got 99% in conduct
  10. Hammer-wielding robbers cause chaos at Philippines’ Mall of Asia
Advertisement

News

  • Enrile chief aide back in PH ‘to face charges’–report
  • Pakistan library named ‘bin Laden,’ as memory fades
  • US teacher fired over comment on black president
  • Magnitude-7.5 earthquake shakes Mexican capital
  • Title of new Hillary Clinton book: ‘Hard Choices’
  • Sports

  • Boston prepares for huge wave of marathon visitors
  • Motivated LeBron James preps for postseason
  • Nadal ousted by Ferrer in Monte Carlo quarters
  • Pacquiao shorts in Bradley fight sold for P1.7M in LA auction
  • Ryu pitches Dodgers past Giants
  • Lifestyle

  • Levine designs womenswear with help from fiancee
  • Gabriel Garcia Marquez, Nobel laureate, dies at 87
  • Ford Mustang turns 50 atop Empire State Building
  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • Entertainment

  • Myx TV premieres Asian American ‘docu-series’
  • A nutty finale for ‘Scandal,’ TV’s craziest show
  • EXO postpones release of mini album ‘Overdose’
  • ‘X-men’ filmmaker slams ‘fabricated’ sex attack claims
  • Singer Chris Brown’s bodyguard on trial in DC
  • Business

  • US commerce secretary spells out economic facet of ‘pivot to Asia’
  • Italy sells luxury state cars on eBay
  • Asian shares mostly up in quiet trade
  • Dollar up in Asia on US jobs data, Ukraine deal
  • Barbie doll has a problem
  • Technology

  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Facebook rolls out ‘nearby friends’ feature
  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • 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

  • Multicultural flock marks Good Friday in San Francisco
  • Las Vegas ‘Pinoy Pride’ fest hails Filipino heritage
  • Marking Jesus’ journey on Good Friday
  • Filipina accomplice arrested for fake bills in Malaysia
  • DoH denies Filipino nurse no longer positive for MERS virus
  • Marketplace
    Advertisement