government owned and controlled corporation
ARTICLE FINDER

COA calls SPDA's attention to properties listed at P1-value

Jun 20, 2018 - 1:12 PM

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

May 24, 2018 - 1:10 PM

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

ALLOWANCES. Auditors flag excess compensation given to Office of the Government Corporate Counsel (OGCC) lawyers; money that chief counsel Rudolf Jurado called as "secret allowances."

Contractual gov't worker should get P3.17M for illegal dismissal – COA

Feb 18, 2018 - 5:10 PM

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

Oct 29, 2017 - 6:30 PM

The Philippine Charity Sweepstakes Office has the largest amount of unauthorized perks released in 2016, at P518 million

UNAUTHORIZED BENEFITS. The Commission on Audit finds that 8 GOCCs paid P619 million worth of unauthorized perks to its personnel in 2016.

Which GOCCs are affected by Duterte’s EO on salaries?

Aug 03, 2017 - 7:56 PM

UPDATED According to the GCG the executive order affects officials and personnel of 97 GOCCs

Duterte EO suspends Aquino-created salary scheme for GOCCs

Jul 31, 2017 - 3:50 PM

Executive Order No 36 is signed days after the President vented his anger over excessive salaries bonuses and allowances during his second SONA

President Rodrigo Roa Duterte announces in his second State of the Nation Address (SONA) at the Batasang Pambansa on July 24, 2017 that he remains firm that the fight against the lingering problem of illegal drugs will be unrelenting. KING RODRIGUEZ/PRESIDENTIAL PHOTO

Gov't to place cap on GOCC officials' bonuses, honoraria

Jan 10, 2017 - 7:23 PM

An economic manager reveals that President Rodrigo Duterte is set to announce a cap on the bonuses and honoraria of GOCCs officials

QUESTIONABLE BONUSES. 'Once every quarter is the normal frequency of board meetings and their honoraria should be tempered, and also bonuses. In fact, they shouldn't be given bonuses. Why should they be given bonuses?,' NEDA chief Ernesto Pernia says. Rappler file photo

10 gov’t firms fail to remit P68B in dividends – COA

Oct 31, 2016 - 7:09 PM

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

Oct 29, 2016 - 10:21 AM

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

Oct 01, 2016 - 2:07 PM

The environment department says a study on how many fish pens should be allowed in Laguna Lake is already ongoing

Landbank-DBP merger stopped

Sep 07, 2016 - 12:55 PM

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

Jul 17, 2016 - 10:55 PM

The Department of Finance says it received numerous requests for a deadline extension

TRANSPARENCY. Finance Secretary Carlos Dominguez III issues a new circular extending compliance deadline for NGAs, GOCCs and LGUs to June 30, 2017. Rappler file photo

Ombudsman sacks Cunanan, 5 other GOCC execs over PDAF scam

May 20, 2016 - 12:52 PM

The Technology Resource Center and National Agribusiness Corporation executives are dismissed in connection with the alleged PDAF abuse of 2 lawmakers

CORRUPTION BUSTER Ombudsman Conchita Carpio Morales says fighting corruption has been the 'reason' for her life. Rappler file photo

PhilHealth gets biggest share of subsidies among gov't firms in 2015

Mar 27, 2016 - 2:51 PM

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

Nov 08, 2015 - 11:27 PM

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

Nov 02, 2015 - 8:30 PM

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

Jul 24, 2015 - 2:12 PM

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

Jun 07, 2015 - 10:27 PM

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

May 29, 2015 - 6:52 PM

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

Nov 23, 2014 - 8:03 PM

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

Nov 02, 2014 - 6:37 PM

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

Oct 21, 2014 - 1:06 PM

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

Aug 20, 2014 - 6:59 PM

Bulk of disbursements went to AFP aircraft acquisition and DPWH projects

FA-50: The Philippines recently signed a contract acquiring a squadron of FA-50 fighter jets from South Korea. File photo / Rappler

Less than half of GOCCs have dividends

Jun 09, 2014 - 6:00 PM

Of 114 Government Owned and Controlled Corporations GOCCs only 50 had dividends They total P32 31 billion

REFORMS. President Benigno Aquino III credits reforms instituted by his administration for the increase in dividends remitted by GOCCs. Malacañang Photo Bureau

Former Nabcor execs tip De Lima about P5-B agri funds misuse

Mar 25, 2014 - 7:26 PM

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

Mar 03, 2014 - 6:34 PM

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

UNDER REVIEW. The Governance Commission of GOCCs says it aims to reduce number of GOCCs to less than 100 by the end of the year. Photo by Rappler

PhilHealth to bring perks issue to SC

Jan 19, 2014 - 1:03 AM

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

Jul 29, 2013 - 12:38 PM

The national government extends P27 billion subsidies to state owned firms or agencies in January to June

COA disallows P10-M in PCSO allowances

Feb 16, 2013 - 10:27 PM

PCSO board members have made it to the list of the top 300 highest paid government executives

Pnoy reappoints Naguiat to Pagcor board

Dec 15, 2012 - 4:33 PM

The re appointment does not mean Naguiat automatically becomes chair of Pagcor again

Diokno, Villanueva, Herbosa again vie for SC post

Sep 18, 2012 - 1:07 PM

Villanueva and Herbosa previously vied for the post of chief justice