links: http://www.gov.ph/2014/01/31/statement-the-deputy-presidential-spokesperson-on-the-abolition-of-3-pdaf-linked-goccs/
Statement: The Deputy Presidential Spokesperson on the abolition of 3 PDAF-linked GOCCs
Statement of Undersecretary Abigail F. Valte:
On the abolition of three PDAF-linked GOCCs
[January 31, 2014]
Public service is a public trust: in
pursuit of maximizing efficiency and promoting accountability, President
Benigno S. Aquino III gave his approval to the abolition of three
government-owned or -controlled corporations (GOCCs), which had been
implicated as conduits of fake PDAF allocations.
The three GOCCs are the Philippine
Forest Corporation (PFC), ZNAC Rubber Estate (ZREC) and the National
Agri-Business Corporation (NABCOR). 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 (GCG),
which is the regulatory agency for such corporations.
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, as well as to attend to the separation pay for
employees in keeping with Civil Service rules. However, any separation
packages will be withheld for those found to have committed graft or
other corrupt practices.
From the start of his administration,
President Aquino has 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. More GOCCs may be abolished as the GCG
fulfills its mandate to rationalize the GOCCs of the country.
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