PCGG abolition won’t affect Marcos wealth sale — DOF

The proposed abolition of the Presidential Commission on Good Government (PCGG) will not affect the planned sale of Marcos ill-gotten wealth, the Department of Finance (DOF) said yesterday. On the sidelines of the PhilippinesSingapore Business Council Conference, Finance Undersecretary Grace Karen G. Singson said that PCGG’s privatization function will be transferred to the Privatization and Management Office (PMO), an agency attached with the DOF. Singson explained there will be “no change” to government’s policy, including the pending cases against the Marcoses, even if the Duterte administration decides to wind down the PCGG’s functions. “The cases will be transferred to OSG (Office of the Solicitor General) or DOJ (Department of Justice) and then the assets will be transferred to PMO, that was always the plan before. If they abolished it, we’re going to implement it,” Singson told reporters. (CSL)