^

Opinion

EDITORIAL - After the Senate probe

-

Nearly five years after agricultural funds meant for fertilizer were allegedly misused, the Senate Blue Ribbon committee has come up with its findings. The committee headed by Sen. Richard Gordon recommended yesterday the filing of charges against former agriculture under-secretary Jocelyn “Jocjoc” Bolante, his purported runner Marites Aytona, alleged bagman Jaime Paule and six others for plunder, technical malversation, money laundering, tax evasion and perjury. A 10th individual, Joselito Flordeliza, who headed the foundation used in the alleged P728-million scam, may face prosecution for money laundering.

There are three things that must be done to ensure that the Blue Ribbon probe does not go to waste. The most immediate task is to prevent any of the individuals recommended for criminal prosecution from leaving the country. If there is no legal basis to prevent their departure, the government should at least keep track of their whereabouts. Under the United Nations Convention Against Corruption, signatory states are duty-bound to extradite individuals wanted for corruption.

The second task is to effectively prosecute and punish the guilty. This scandal has dragged on long enough. Gordon said his committee has enough evidence to build an airtight case against the people recommended for prosecution. There is no reason to delay their indictment.

The third task is to implement measures to prevent a repeat of the fertilizer scam or any other diversion of public funds to private war chests, especially with general elections approaching. The Blue Ribbon committee is seeking amendments to the Anti-Money Laundering Act, the Bank Secrecy Act and the Procurement Act as well as the Senate’s rules of procedure on direct contempt.

Amending those three laws can also help prevent a repeat of other anomalies such as the rigging of bids for infrastructure projects and the collection of fat commissions for brokering deals with the government. Congress can get to work immediately on those amendments for approval before lawmakers become too busy with their election campaigns. Even if government prosecutors drag their feet on this case, something positive should come out of this scandal.

vuukle comment

ANTI-MONEY LAUNDERING ACT

BANK SECRECY ACT AND THE PROCUREMENT ACT

BLUE RIBBON

BOLANTE

GORDON

JAIME PAULE

JOSELITO FLORDELIZA

MARITES AYTONA

RICHARD GORDON

SENATE BLUE RIBBON

UNDER THE UNITED NATIONS CONVENTION AGAINST CORRUPTION

  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with