PHBREAKING NEWS
ASSOCIATE SUPREME COURT JUSTICE AMY C. LAZARO-JAVIER: In short, (Philhealth) apart from MISSTATING its liabilities, also OVERSTATED its assets, therefore if the total actual assets is significantly less than what has been reported, the NEGATIVE EQUITY of Philhealth maybe way more than P816 Billion, correct Mr. (Philhealth) Vice President?
Philhealth Senior Vice President Renato Limsiaco, Jr.: Yes, your Honor.
Associate Supreme Court Justice Amy Lazaro-Javier: Under Section 11, "RESERVE FUNDS ARE SACRED, ARE UNTOUCHABLE"
Pet Projects ng mga tongressman...Baka sabihin ninyo dapat magpasalamat kasi inayos ng mga tongressman mga kalsada,kanal, eskwelahan at anu-ano pa including AYUDA pero anung kapalit???
Fully funded project sinama pa rin sa list of projects to be funded again ng unprogrammed funds kung saan ang 90B Philhealth funds minus the last transfer ay nilagay nila Bongbong Marcos
FIRST TIME TO HAPPEN!
It's the first time that the GOCCs were required to review and reduce their respective reserve funds for the purpose of producing funds to be TRANSFERRED to the National Treasury.
***
Hmmmm FIRST TIME rin kasi naging Speaker of the House si Martin Romualdez.
Remember this was INSERTED during the BICAM. Introduced by Joey Salceda. ALLOWED by Senators headed by then Senate President Senator Migz Zubiri and mukhang anghel na si Sen. Sonny Angara, now Secretary of Dep of Education.
Because of what again? TO INDIRECTLY FUND their DPWH pet projects and AYUDA INSERTIONS.
ASSOCIATE SUPREME COURT JUSTICE AMY C. LAZARO-JAVIER: In short, (Philhealth) apart from MISSTATING its liabilities, also OVERSTATED its assets, therefore if the total actual assets is significantly less than what has been reported, the NEGATIVE EQUITY of Philhealth maybe way more than P816 Billion, correct Mr. (Philhealth) Vice President?
Philhealth Senior Vice President Renato Limsiaco, Jr.: Yes, your Honor.
Associate Supreme Court Justice Amy Lazaro-Javier: Under Section 11, "RESERVE FUNDS ARE SACRED, ARE UNTOUCHABLE"
Pet Projects ng mga tongressman...Baka sabihin ninyo dapat magpasalamat kasi inayos ng mga tongressman mga kalsada,kanal, eskwelahan at anu-ano pa including AYUDA pero anung kapalit???
Fully funded project sinama pa rin sa list of projects to be funded again ng unprogrammed funds kung saan ang 90B Philhealth funds minus the last transfer ay nilagay nila Bongbong Marcos
FIRST TIME TO HAPPEN!
It's the first time that the GOCCs were required to review and reduce their respective reserve funds for the purpose of producing funds to be TRANSFERRED to the National Treasury.
***
Hmmmm FIRST TIME rin kasi naging Speaker of the House si Martin Romualdez.
Remember this was INSERTED during the BICAM. Introduced by Joey Salceda. ALLOWED by Senators headed by then Senate President Senator Migz Zubiri and mukhang anghel na si Sen. Sonny Angara, now Secretary of Dep of Education.
Because of what again? TO INDIRECTLY FUND their DPWH pet projects and AYUDA INSERTIONS.
