AFTER the discovery of another corruption issue in the Philippine Health Insurance Corp. (PhilHealth), the House of Representatives now plans to look into the investments of other government financial institutions.
This is according to Speaker Alan Peter Cayetano as he stressed that it is the oversight function of Congress to check on how agencies spend their budget to ensure that their funds are not mishandled.
“Tignan na rin natin and Social Security System (SSS); Government Service Insurance System (GSIS); Pag-Ibig, lahat nung mga may napakalaking pondo,” Cayetano said in a radio interview.
While Cayetano assured the public that there are no missing funds in these institutions he still wants to determine if they are putting the people’s money in right investments.
“I think lahat ng ito, whether it’s a government financial institution or yung mga may trust fund, like OWWA, Pag-Ibig, walang nawawala , that we take a look and make sure tama ang investment nila and make sure na walang mga scam,” he addd.
The Speaker said they do not want to hear these agencies claiming they are on the verge of bankruptcy like what PhilHealth is saying.
“Ang kaki ng pera ng PhilHealth, biglang mabubulaga tayo isang umaga na sabihin, ilang buwan na lang o isang taon na lang ma-bankrupt na sila,” Cayetano said.
Earlier, the House committee on public accounts chaired by Anakalusugan Rep. Mike Defensor proposed the granting of special emergency powers to President Rodrigo Duterte to address the corruption in the PhilHealth.
Discovered during the series of congressional hearings are fraudulent schemes including the so-called interim reimbursement mechanism (IRM). About P15 billion of PhilHealth money appears to be missing.
The committees that investigated PhilHealth are set to file cases against the agency’s officials who are behind the rampant corruption.
Defensor said the panels intend to be co-petitioners in the cases to be recommended by the Department of Justice.