Presidential Communications Operations Office



  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Wednesday, 21 August 2019 News Before 1 Feb 2012. Click for Latest
Web PIA  
 
home
 
about
 
fotos
 
info
 
links
 
ncrr01carr02r03calmimr05r06r07r08r09r10r11r12r13
 << August 2019 >> 
S M T W T F S
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
Special News Editions:
English.Tagalog.Cebuano
Ilocano.Waray.Hiligaynon
Pangasinan.Other
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
English.Tagalog.Cebuano
Waray.Hiligaynon.Ilocano
Pangasinan.All
PIA Archive News Reader

PIA Press Release
2009/03/11

PGMA orders DOJ, SEC and BSP to help Legacy plan holders; advises SEC's Martinez to go on leave

Manila (11 March) -- Malacanang ordered three government agencies to help out the beleaguered plan holders of Legacy Group even as it advised Commissioner Jesus Martinez of the Securities and Exchange Commission (SEC) to immediately go on leave.

"Martinez should go on leave effective immediately to insure impartial investigation by the SEC and other investigative bodies on the charges against him," said the Palace in a text statement sent to the media by Press Secretary Cerge Remonde.

"The President (Gloria Macapagal-Arroyo) has also directed PAGC (Presidential Anti-Graft Commission) to look into alleged irregularities committed by Martinez and other SEC officials," said Remonde.

The Press Secretary added that "the President has also ordered the Department of Justice and SEC to work together with the Bangko Sentral ng Pilipinas (BSP) in helping Legacy plan holders in line with the government policy of consumer protection."

Martinez has been accused of receiving gifts, including a house and lot and cash, from the Legacy Group. (PIA-MMIO) [top]

|«  prev  next  »|
DAILY NEWS LIST:
»DOLE XI to provide 2,000 jobs this 2009
»Dreams turn to reality for rebel-returnee
»Comval top local officials go for automated polls
»Comval LGU wants consulted about Diwalwal development
»Pag-IBIG Fund works on long-haul program
»NEDA 7: BPO industry in Cebu remains strong amid global financial crisis
»World Bank meets Mindanao contractors
»PGMA orders DOJ, SEC and BSP to help Legacy plan holders; advises SEC's Martinez to go on leave
»Despite economic slowdown, some businesses expected to hire people
»Traders still bullish on BIMP-EAGA
|«  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines