Chiz rallies voters
to seek full transparency from bets
By Office of Senator Chiz
Escudero
April 6, 2013
PASAY CITY – Senator Chiz
Escudero exhorted voters to demand that political candidates execute
an unconditional waiver of secrecy of bank deposits, the compliance
for which would help form informed decisions on election day.
"Di na uso ang magnanakaw sa
tuwid na daan ni Pangulong Aquino. Naniniwala ako na mataas na ang
batayan ng mga botante natin kung saan hanap nila ay mga tapat na mga
halal na opisyal, yung hindi magnanakaw at walang balak magnakaw
(Plunderers have no room in President Aquino's straight path. I
believe that Filipino voters now have a high standard on the officials
that they put into office, honest people who shun corruption),"
Escudero said.
He issued the call to
Filipino voters a day after issuing a challenge to government
officials and those aspiring for public office including senatorial
candidates to execute waivers on secrecy of their bank deposits to
accompany the submission of statements of assets, liabilities and
networth (SALN).
"Candidates in the coming
elections without exception should make public their financial records
going by the dictum that working in government is a privilege and not
a right,” Escudero said.
An investigate report had
implicated several high-profile Filipino personalities mainly
politicians as maintaining offshore corporations or trust accounts.
While owning assets in
offshore tax havens is not against the law, government officials and
employees are required to declare these in their yearly statement of
assets, liabilities and networth (SALN).
Escudero said those serving
in government – members of the Executive, the Senate and the House of
Representatives, and the Judiciary, including judges and justices of
the Supreme Court – should also execute the waivers.
Escudero had filed a bill,
Senate bill 107 or the Submission of Waiver of Bank Deposits bill,
starting in 2010 that seeks the mandatory signing of bank waivers. The
controversy involving the illegal use of Armed Forces of the
Philippines (AFP) funds prompted the filing of the bill.
It was refiled in the
current Congress amid the impeachment trial of former Chief Justice
Renato Corona, who issued a waiver on the secrecy of his bank accounts
which was a major issue in the impeachment trial.
“I will refile the bill in
my next Senate term. A similar waiver was required of Chief Justice
Renato Corona during his impeachment trial and it only follows that
all those in government service should be subjected to the same rules
and standard,” Escudero said.
“The bill on the waiver of
secrecy of bank deposits is the missing link to prevent public
officials from using the banking system to hide plundered funds,” he
added.
Escudero said he signed a
bank secrecy waiver which was submitted to the Senate President a day
before the historic verdict to convict Corona on his impeachment case
was handed down on March 28, 2012.
The waiver authorizes the
Office of the Ombudsman to open bank accounts for scrutiny of
government agencies such as the Anti-Money Laundering Council (AMLC).