Duterte-Cayetano: Bare all bank accounts of public officials, never again to Marcos corruption

To prevent corrupt officials from amassing billions worth of stolen wealth from the public, the tandem of Davao City Mayor Rodrigo “Rody” Duterte and Senate Majority Leader Alan Peter Cayetano strongly pushed for the lifting of the bank secrecy law for public officials.

“Dahil sa kakulangan ng matapang na solusyon at mabilis na aksyon, naging talamak ang korapsyon at gulo sa matataas na opisina ng gobyerno. Sa Pilipinas, ‘pag nagnakaw ng kaunti, nakukulong, ‘pag nagnakaw ng marami, nagiging senador o bise presidente,” the senator noted.

He added that the country’s bank secrecy law, which is among the strictest in the world, has become a major stumbling block on resolving many corruption and money laundering cases in the public sector.

“Public officials like the late dictator Ferdinand Marcos and Vice President Jejomar Binay can easily dip their hands on the nation’s coffers because somehow, our legal system allowed them to conceal their true wealth through dummy accounts. Bolder solutions are needed to end this disorder,” Cayetano stressed.

Meanwhile, Duterte said yesterday that Binay has no business talking about corruption. “Who can solve corruption? Binay? All I can say is that I noticed that Binay has large arms counting money,” the tough-talking mayor said.

The senator said if elected, he and Duterte will push for a measure allowing the full disclosure of bank accounts of officials accused of graft and corruption. They will also pass an anti-dummy law that will prevent public officials from hiding their true assets in dummy bank accounts.

“By promoting transparency and accountability among our public servants, we can be sure that there would be no more Binay-like or Marcos-like plunder of the people’s money,” Cayetano said.

“Kapag walang korapsyon sa gobyerno, mas maraming matatanggap na serbisyo ang mga tao, matitigil ang gulo at tiyak na may tunay na pagbabago. Ito po ang inaalok namin ni Mayor Duterte sa ilalim ng aming gobyerno,” Cayetano concluded./DC-HQ


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