Rappler's latest stories on GOCCs
Corruption Red Flags: Excesses in government spending
Rappler conducts an analysis of 323 audit reports of government agencies to find irregularities and flagged spendings. Part 2 tackles excesses in spending, travels and ghosts of the pork scam.
Corruption Red Flags: Fake transactions, doubtful accounts in government spending
Rappler conducts an analysis of 323 audit reports of government agencies to find irregularities and flagged spendings. Part 1 is all about the fake and the doubtful.
Binay seeks to stop misuse of Duty Free funds amid Teo controversy
Senator Nancy Binay says the Governance Commission for GOCCs should 'take seriously' its job to coordinate policies of government corporations
COA hits agency monitoring GOCCs over 'excessive hiring'
State auditors find that the Governance Commission for GOCCs spent P15.622 million on hiring 47 contractual employees instead of filling up 20 plantilla vacancies
Nearly P620 million in unauthorized bonuses given to GOCCs in 2016
The Philippine Charity Sweepstakes Office has the largest amount of unauthorized perks released in 2016, at P518 million
Which GOCCs are affected by Duterte’s EO on salaries?
UPDATED According to the GCG the executive order affects officials and personnel of 97 GOCCs
Duterte EO suspends Aquino-created salary scheme for GOCCs
Executive Order No 36 is signed days after the President vented his anger over excessive salaries bonuses and allowances during his second SONA
#ThewRap: Things you need to know, June 30, 2017
Hello Here are the stories you shouldn t miss this Friday
CA upholds Taguig court ruling on BCDA property tax exemption
But the Court of Appeals also says that BCDA properties leased to private entities are subject to real property tax
Gov't to place cap on GOCC officials' bonuses, honoraria
An economic manager reveals that President Rodrigo Duterte is set to announce a cap on the bonuses and honoraria of GOCCs officials
Gov’t subsidies to GOCCs up 48.7% as of Nov 2016
Philhealth received the biggest subsidy of P42 96 billion from January to November 2016 according to the Bureau of the Treasury
COA: 8 GOCCs, 55 water districts released P727M questionable allowances
According to COA s 2015 Annual Financial Report on GOCCs the Philippine Charity Sweepstakes Office topped the list with P429 82 million in questionable allowances to its officials and employees in 2015
10 gov’t firms fail to remit P68B in dividends – COA
State auditors find that from 2004 to 2014 these GOCCs either did not declare failed to record failed to remit or under remitted their dividends
DENR: Massive dismantling of Laguna Lake fish pens in 2017
The environment department says a study on how many fish pens should be allowed in Laguna Lake is already ongoing
Landbank-DBP merger stopped
Finance Secretary Carlos Dominguez III says the main rationale behind the decision is that the two institutions serve different functions
DOF moves deadline for transfer of gov't deposits
The Department of Finance says it received numerous requests for a deadline extension
Ombudsman sacks Cunanan, 5 other GOCC execs over PDAF scam
The Technology Resource Center and National Agribusiness Corporation executives are dismissed in connection with the alleged PDAF abuse of 2 lawmakers
PhilHealth gets biggest share of subsidies among gov't firms in 2015
Government owned and controlled corporations GOCCs received subsidies amounting to P78 01 billion 1 68 billion in 2015 according to the Bureau of Treasury
Aquino approves privatization of IBC-13
UPDATED The decision paves the way for a public bidding with an estimated floor price of nearly P2 billion
Gov’t subsidies to GOCCs at P55.82B as of September
The level of subsides given was 10 27 lower than the same period last year while gov’t spending is 14 below target as of the end of September
Super Typhoon Yolanda recovery halfway done – NEDA
Gov’t says Yolanda recovery is entering its medium term phase and full recovery will only come in 2017
COA orders 28 gov't firms to return P626M in illegal allowances
The top 3 offenders in COA s list are the Philippine Economic Zone Authority Duty Free Philippines Corporation and Metro Cebu Water District
Aquino orders abolition of NLDC
Memorandum Order 85 justifies that the National Livelihood Development Corporation – which was linked to the multi billion peso pork barrel scam – has overlapping functions with other government financial institutions
Aquino: PH will be 'first-world' within generation if reforms continue
This is just the beginning you haven’t seen anything yet President Aquino says as he details in his last State of the Nation Address the economic gains under his watch
Select Mactan-Cebu airport authority properties exempt from tax
The Supreme Court says that only portions of the airport lands and buildings leased to taxable persons like private parties are subject to real estate tax
Speedy processing, durable passports eyed in 2016
Regular processing will be shortened from 15 to 10 working days while express processing will be reduced to 5 working days from the usual 7
Subsidies to gov’t-owned firms rise by 200% in Q1
The National Electrification Administration Philippine Children’s Medical Center and the National Irrigation Authority were the biggest beneficiaries of gov’t help
GOCCs remit P36.86 billion to national gov't
The amount is higher than the remittance in 2014
COA orders return of P815M illegal benefits
The COA 2013 annual financial report on 23 government owned and controlled corporations GOCCs says the incentives were given without legal basis
COA to 4 GOCCs: Return P2.4B unused DAP funds
In its 2013 Annual Financial Report on government owned and controlled corporations the COA also ordered the GOCCs to account for P3 8 billion released to them under the Disbursement Acceleration Program
Gov’t infra spending jumps 63% in June
Bulk of disbursements went to AFP aircraft acquisition and DPWH projects
Less than half of GOCCs have dividends
Of 114 Government Owned and Controlled Corporations GOCCs only 50 had dividends They total P32 31 billion
Former Nabcor execs tip De Lima about P5-B agri funds misuse
Among the anomalies in the DA that were cited include overpricing false quantities of products purchased and technical studies that were not carried out
More non-performing GOCCs under review
The Governance Commission on GOCCs aims to reduce the number of government owned and controlled corporations to less than 100 by the year s end
COA to sue agencies for pocketing cash advances
Despite yearly reminders from COA officials of agencies have failed to liquidate cash advances in the span of 10 to 15 years the COA chief tells senators
PhilHealth to bring perks issue to SC
PhilHealth in a statement Saturday says it is being unfairly misjudged even after formally explaining in November 2013 the legality of the bonuses
Unauthorized GOCC bonuses? Blame Arroyo
The Governance Commission for GOCCs says it has not approved any increases in benefits or bonuses since September 2010 and most releases of GOCCs have legal basis
Aquino defends hefty bonuses of SSS officials
President Aquino says bonuses of executives from GOCCs are approved after a thorough process
'Abolish' agencies linked to pork barrel scandal
A governance committee urges the Aquino government to abolish state agencies linked to the controversial fund releases
'Abolish' agencies linked to pork barrel scandal
A governance committee urges the Aquino government to abolish state agencies linked to the controversial fund releases
Philhealth, NEA, NFA top recipients of state subsidies
The national government extends P27 billion subsidies to state owned firms or agencies in January to June
COA disallows P10-M in PCSO allowances
PCSO board members have made it to the list of the top 300 highest paid government executives
Pnoy reappoints Naguiat to Pagcor board
The re appointment does not mean Naguiat automatically becomes chair of Pagcor again
Diokno, Villanueva, Herbosa again vie for SC post
Villanueva and Herbosa previously vied for the post of chief justice
P72-B 'stimulus fund' in 2011 disbursed, budget chief says
In an effort to ramp up spending to spur economic growth the Budget Secretary Florencio Abad said they have released 96 of the over P72 billion stimulus funds before end 2011
