There was public outrage when Mr. Romulo Neri, of the ZTE-NBN notoriety, was named by President Gloria Macapagal-Arroyo to head the Social Security System (SSS). The appointment was seen as Neri’s reward for his silence on the ZTE-NBN deal and blind loyalty to Ms Arroyo. It was feared that Neri would also play deaf and dumb should the Arroyo administration decide to raid the pension funds, for political purposes.
It has been reported that P12.5 billion (yes, billion!) of SSS funds is being eyed “for infrastructure,” as part of the “stimulus package” (Philippine Daily Inquirer, 2/3/09; read story) which would be placed at the disposal of Ms Arroyo.
Given Malacañang’s track record in misspending tax money with shameless abandon and buying loyalties with generous “cash gifts” and other perks, we shudder at the thought that all this SSS money could end up being used (read: diverted) to ensure Ms Arroyo’s continued stay in Malacañang beyond 2010 — as earnestly, if shamelessly, prayed for by her trusted drumbeater Jesus Dureza.
And the worst part is, she may not have to account for all that profligacy in the wake of the Supreme Court’s ruling on “executive privilege,” which virtually strikes down any attempt to hold her and her underlings accountable for any act of malversation and corruption. God help the Philippines!
STEVE Y. VESPERA, Esq. (via email)