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Tuesday, June 19, 2007

 

Resignations pour into Palace

By Sam Mediavilla, Reporter

Resignations from the heads of corporations and financial firms owned or run by the government poured into the Office of the President Monday as Malacañang carried out the first phase of a sweeping reorganization of the bureaucracy.

Executive Secretary Eduardo Ermita said resignation letters started arriving in Malacañang early morning as the chiefs of GOCCs (government-owned or –controlled corporations) and GFIs (government financial institutions) beat the President’s deadline for submitting their courtesy resignations.

Ermita said the President asked for the resignations to give her a free hand in streamlining ailing state-run corporations.

He said among the officials expected to submit their resignations early were the chiefs of the Government Service and Insurance Corporation, Land Bank, the Social Security System, Securities and Exchange Commission, the National Power Corporation, as well as the satellite agencies of Na­pocor like the Transmission Corporation (TransCo).

He dismissed insinuations that Mrs. Arroyo ordered the reorganization following the setback of the administration’s senatorial ticket in the May elections.

Only two of Team Unity bets won, and the new Senate will be dominated by opposition candidates.

In an interview over DZMM radio, Ermita said Malaca­ñang’s Search Committee was already evaluating the resignation letters to determine who among the executives to retain or replace.

Mrs. Arroyo also ordered the resignation of the chiefs of the Bureaus of Customs and Internal Revenues, as well as the chairman of the Philippine Retirement Authority and the Philippine Postal Corporation.

Ermita belied reports that Energy Secretary Raphael Lotilla and Finance Secretary Margarito Teves, two senior members of the President’s economic team, had turned in their irrevocable resignations to the President.

   

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