House just a step away from abolishing PCGG | Inquirer News

House just a step away from abolishing PCGG

By: - Reporter / @deejayapINQ
/ 07:30 AM March 22, 2018

In what critics described as a big step in the rehabilitation of the Marcos family, the House of Representatives passed on second reading a bill abolishing the Presidential Commission on Good Government (PCGG).

On Tuesday evening, the 292-member chamber approved House Bill No. 7376 repealing the law that allowed government to run after billions of pesos of alleged ill-gotten wealth during the Ferdinand Marcos dictatorship.

The bill, principally sponsored by Speaker Pantaleon Alvarez, will be put to a nominal vote when Congress resumes session on May 14.

Article continues after this advertisement

Under the proposed law, the powers and mandate of the PCGG, as well as the Office of the Government Corporate Counsel, shall be transferred to the Office of the Solicitor General (OSG), whose head, Jose Calida, campaigned for Marcos’ son, Ferdinand “Bongbong” Marcos Jr., in the 2016 vice presidential election.

FEATURED STORIES

The PCGG is tasked with the recovery of all alleged ill-gotten wealth accumulated by Marcos, his family and cronies.

As of 2016, a total of P170 billion has been recovered by the PCGG from the Marcoses and their cronies. The PCGG estimates the Marcoses stashed between $5 billion and $10 billion during Marcos’ 20-year rule.

Article continues after this advertisement

But critics of the bill said it was another sign of the Marcoses returning to power.

“The Duterte administration’s moves to rehabilitate the Marcoses took another giant leap forward with … [the House bill],” said ACT Teachers Rep. Antonio Tinio.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Jose Calida, OGCC, OSG, PCGG

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.