David's retirement pay enough to buy modest car, home

By Jay Ruiz, ABS-CBN News

Posted at Feb 28 2011 06:49 PM | Updated as of Mar 01 2011 08:14 PM

MANILA, Philippines - He won't be receiving "pabaon" but Armed Forces chief of staff Gen. Ricardo David will be receiving enough money to buy a modest car and a house when he retires from military service on March 8, 2011.

In an interview, David said he earned his retirement pay after serving the military for more than 35 years.

He said that he hopes the investigation of Congress of alleged misuse of military funds would soon be settled and appropriate charges would be filed against those who committed abuses. 

He also said he is open to accept a government job after his retirement, one that is commensurate to him being a former AFP chief of staff.

At least 3 former AFP chiefs during the Arroyo administration have come under fire for allegedly pocketing over P290 million in "pabaon" or sendoff money upon their retirement. The three ex-AFP chiefs - Angelo Reyes, Diomedio Villanueva and Roy Cimatu - have denied the allegations.

Reyes took his own life last February 8 after being linked to the military corruption scandal.