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Wednesday, July 3, 2024

SSS president urged to inhibit self in probe of execs in stock trading issue

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SOCIAL Security System Commissioner Jose Gabriel “Pompee” La Viña on Tuesday called on SSS president Emmanuel Dooc to inhibit himself from the investigation into the stock trading controversy involving four agency officials.

At the Kamuning Bakery forum, La Viña said he wanted Dooc to inhibit since “I heard from news report that it appears, it seems he [Dooc] is lawyering for the four may be because he could be emotionally close to them since he is the president, and that they see one another every day.”

He, however, said that he “cannot order anyone to inhibit.”

“If he thinks based on his judgment [that] he could not be objective, then he must inhibit himself,” he said.

“To the others [commissioners] who have personal or business relationship with the involved organizations, I think they must inhibit themselves, too. Mature people must consider inhibiting,” he added.

He said he himself inhibited to sit as part of the nine-member commission “because I am the complainant.”

La Viña believes there was an attempt to tamper with the evidence in a bid to cover up the anomalous trading stocks for the personal accounts of Executive Vice President for Investments Rizaldy Capulong, Equities Investment Division Chief Reginald Candelaria and Equities Product Development Head Ernesto Francisco Jr. . Chief Actuary George Ongkeko Jr. was accused of failing to keep complete records of the three officials’ stock trades.

“There are some information reaching me that there is a conspiracy to tamper with the evidence,” he said.

"The information came from anonymous messages. I am a social media practitioner with 1.4 million followers on Facebook. Chances are [it could be true]."

Candelaria and Ongkeko had resigned, but Ongkeko would be allowed to work until December.

 

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