Palace withholds benefits of GOCC execs’ in pork scam

BESIDES having to be thrown out of job, the benefits intended for executives of government-owned and –controlled corporations (GOCC) who were involved in anomalies such as the P10 billion pork barrel scam would be withheld until their names have been cleared, Malacanang announced on Friday.

In a statement, deputy presidential spokesperson Abigail Valte said the decision was reached following President Benigno Aquino 3rd’s approval of a recommendation to abolish three graft-ridden GOCCs, namely the Philippine Forest Corporation (PFC), ZNAC Rubber Estate (ZREC) and the National Agri-Business Corporation (NABCOR).