Chiz: Give 30% of seized assets to Ombudsman READ MORE:
the value of ill-gotten assets acquired from the forfeiture cases won by the government against corrupt public officials.Under Senate Bill 292, Escudero said proposal hopes to give more funds to the Office of the Ombudsman to help its employees effectively perform their function and mandate.
“Funding is a major limitation to the Office of the Ombudsman when fulfilling its mandate of combating corruption,” he said. “This bill intends to augment the financial resources of the Ombudsman by giving it a share in any property forfeited in favor of the State under Republic Act No. 1379 or the Forfeiture Law; and thus increase its funding. This bill provides a mechanism wherein 30% of the value of forfeited assets shall be used as funding for the Ombudsman which will assist the continued progress of cases,” he added.
“I have filed SB 292 to recognize the importance of helping the Ombudsman in fulfilling its mandate of combating corruption by giving them a share of the government properties acquired from the forfeiture law,” he emphasized.
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