The president and CEO of state-run Development Bank of the Philippines (DBP), Michael De Jesus, is facing a graft complaint filed by a private citizen for allegedly receiving an îllégâl and unauthorized monthly salary.
The complaint, lodged by Romeo Mendoza before the Office of the Ombudsman on Sept. 11, claimed that De Jesus' monthly salary of P1.1 million far exceeds the maximum amount allowed by law for government-owned and -controlled corporations (GOCCs).
According to Mendoza, De Jesus’ salary is nearly double the legally mandated monthly compensation cap for his position, which should be P588,458, as mandated Executive Order No. 150 Series of 2021, issued by then-President Duterte.
The complaint is based on the Commission on...