Gov't execs urged: Open bank accounts or resign

By Ryan Chua, ABS-CBN News

Posted at Jul 15 2011 05:22 PM | Updated as of Jul 16 2011 06:41 AM

MANILA, Philippines - All government officials, especially those appointed by the President, must open their bank accounts to scrutiny--or resign.

Senate Minority Leader Alan Peter Cayetano made this suggestion on Friday as the Senate continues to investigate allegations of corruption in the Philippine Charity Sweepstakes Office (PCSO), where senators tried but failed to have some officials sign waivers allowing their bank accounts to be opened and checked.

Cayetano proposed that the President make this a requirement for all appointees, while elected officials and those in the judiciary do it voluntarily.

"In the executive (departments), puwedeng sabihin ng presidente na kung hindi n'yo gagawin 'yan, mag-resign kayo," he said in a press conference. "Kung walang tinatago, hindi dapat takot sa gano'ng sistema."

Cayetano said this can be done even without passing a new law.

"This will be an additional safeguard and additional confidence-building for the public," the senator said.

Cayetano added that he himself would be willing to sign a waiver allowing his bank accounts to be opened for scrutiny.

Aside from this, the senator also proposed the creation of an "elite team" tasked to conduct discreet lifestyle checks on all public officials.

He said these proposals, if implemented, would help the Aquino administration deliver its campaign promise of stamping out corruption.