Bill Type
House Bill
Congress Name
12th Congress of the Republic
Long Title
AN ACT REQUIRING PUBLIC OFFICIALS AND EMPLOYEES TO SUBMIT A WRITTEN PERMISSION OR WAIVER IN FAVOR OF THE OMBUDSMAN TO LOOK INTO ALL DEPOSITS OF WHATEVER NATURE WITH BANKS OR BANKING INSTITUTIONS BOTH WITHIN AND OUTSIDE THE PHILIPPINES INCLUDING INVESTMENT BONDS ISSUED BY THE GOVERNMENT OF THE PHILIPPINES, ITS POLITICAL SUBDIVISIONS AND INSTRUMENTALITI ES, AND PROVIDING PENALTIES THEREFOR
Congress Author
ESCUDERO, FRANCIS G.
Date filed
August 15, 2001
Scope
NATIONAL
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 2391, 12th Congress of the Republic
FULL TITLE : AN ACT REQUIRING PUBLIC OFFICIALS AND EMPLOYEES TO SUBMIT A WRITTEN PERMISSION OR WAIVER IN FAVOR OF THE OMBUDSMAN TO LOOK INTO ALL DEPOSITS OF WHATEVER NATURE WITH BANKS OR BANKING INSTITUTIONS BOTH WITHIN AND OUTSIDE THE PHILIPPINES INCLUDING INVESTMENT BONDS ISSUED BY THE GOVERNMENT OF THE PHILIPPINES, ITS POLITICAL SUBDIVISIONS AND INSTRUMENTALITI ES, AND PROVIDING PENALTIES THEREFOR
ABSTRACT : Rationale: Previous laws, such as those requiring the submission of statements of assets and liabilities, providing forfeiture in favor of the state of property unlawfully acquired, a code of conduct and ethical standards, and even that providing for the creation of the Office of the Ombudsman have proven insufficient and somewhat still lacking if we are to base its success on the absence or lack of acts of corruption in government. It is for this reason that this bill was filed. To add to those laws which, in one way or the other, seek to tighten the noose on grafters by requiring an even greater amount of transparency among public officials and employees.
PRINCIPAL AUTHOR/S : ESCUDERO, FRANCIS G.
DATE FILED : 2001-08-15
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Zamora (022 ) 2. Syjuco (028 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON CIVIL SERVICE AND PROFESSIONAL REGULATION ON 2001-08-21

Abstract

Rationale: Previous laws, such as those requiring the submission of statements of assets and liabilities, providing forfeiture in favor of the state of property unlawfully acquired, a code of conduct and ethical standards, and even that providing for the creation of the Office of the Ombudsman have proven insufficient and somewhat still lacking if we are to base its success on the absence or lack of acts of corruption in government. It is for this reason that this bill was filed. To add to those laws which, in one way or the other, seek to tighten the noose on grafters by requiring an even greater amount of transparency among public officials and employees.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.