Rappler's latest stories on government-owned or controlled corporations
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.
COA calls SPDA's attention to properties listed at P1-value
The properties, acquired from 1975 to 1997, range in size from 1,644 square meters to 24,000 hectares, according to a Commission on Audit report on the Southern Philippines Development Authority
Trouble in OGCC? Chief Jurado hits lawyers with 'secret' allowances
Days before lawyers in his office accused him of corrupt acts, Government Corporate Counsel Rudolf Philip Jurado sent a memo to the justice department and Malacañang about the extra compensation that the lawyers receive from OGCC clients
Contractual gov't worker should get P3.17M for illegal dismissal – COA
The Commission on Audit rules in favor of a former accounting clerk of the Philippine National Construction Corporation who fought his termination for years
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
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
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
GCG chairman is first to quit Duterte Cabinet
GCG chairman Jaime Flores resignation was effective last October 24 but the Palace is yet to confirm it
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
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
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
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
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
DBP employees file admin, criminal complaint vs top execs
The complaint is based on the ‘highly questionable sale’ of the bank’s P14 3 billion worth of government securities resulting in actual government losses of P717 07 million
P7B worth of transactions unaccounted for after Nabcor shutdown
The Commission on Audit COA audit team is not able to do a financial audit on the National Agribusiness Corporation due to the absence of financial statements and breakdown of expenses for 2013
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
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
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
