ENRIQUE L. LOCSIN
Declared by the RTC Makati as "elected" to the
PHC Board of Directors with an INVALID PROXY, and therefore
has been ILLEGALLY acting as "Director" since
August 31, 2004.
LOCSIN, claiming also
to be "PHILCOMSAT PRESIDENT" did not even know
what "VOIP" stands for. VOIP is one of the capabilities
of PHILCOMSAT.
Sen. Gordon asking
PCGG Nominee Enrique L. Locsin about P960,000 item under
"Representation and Entertainment" which Locsin
and Andal have been charging PHC every year.
Sen. Gordon: Representation
and entertainment P960,000
Locsin: Can I consult my lawyer
Sen. Gordon: Do you entertain your lawyer?
SEC Auditors Atty. Shiela
Paloma and Ms. Cita Correa confirm that, based on PHC external
auditor's working papers P2,000,000 cash to SandiganBayan
for TRO.
P206,000 representation
to Supreme Court
P200,000 cash gift to PCGG
Excerpts from 01/31/07 Senate
Hearing:
SEN. GORDON grills
LOCSIN, JOHNNY TAN on P2M CASH to SandiganBayan
PHC Accountant Johnny R. Tan withdraws
CASH by the millions, but doesn't remember who he gives
it to, or for what purpose.
Sen. Gordon to Locsin, who points to Accountant
JOHNNY TAN.
"Yung P2M (to SandiganBayan) Dalawang milyon ang binigay
mo; hindi mo matandaan...wala kang resibo"
PCGG Nominee/PHC Director
JULIO JALADONI admits attending only 50% of the PHC board
meetings (but gets full salary, allowances, etc.)
Sen. Gordon: "50%?
Why did you accept the position?"
Jalandoni: "I cannot
reject the desire of the President"
Sen. Gordon: "Are
you aware there are responsibilities when we accept a position?
All of us have to be accountable and you get a salary!"
Excerpts from 12/04/06 Senate
Hearing:
Senators grill PCGG Comm.
Abcede on the authority amounts for PCGG comptroller over
PHILCOMSAT's disbursements. Abcede explains that UNDER P5M,
the PCGG Controller must give approval, but OVER P5M, no
approvals needed.
Sen. Gordon: "Ano?!
Baliktad!"
SEN. OSMENA to Abcede:
"...a most ridiculous situation..
...hanggang Toyota ka lang pala..."
Excerpts from 02/05/07 Senate
Hearing:
BENITO ARANETA presents
powerpoint slide and testifies that criminal cases and plunder
charges on him are dismissed
Sen. Gordon asks Araneta
about the cases and cause of action.
Araneta is clueless, does
NOT know and cannot answer; he says "mea culpa"
Excerpts from 12/14/06 Senate
Hearing:
Philip Brodett admits getting
P4M annual compensation and claims was approved by PHC "Pres./CEO"
Manuel Nieto (diagnosed with Alzheimer's since 2003).
Sen Gordon to Brodett:
"P4 million for making money market placements does
not justify the use govt resources to pay people like you
a salary higher than all the senators combined for a month"
Excerpts from 12/14/06 Senate
Hearing:
Philip Brodett testifies that PHC cash
is close to P700 Million in money market placements
Brodett testifies PHC cash at P800M in
2004.
Where is that cash today?
Excerpts from 1/31/07 Senate
Hearing:
Sen. Gordon asking PHC
Director/Vice President Philip Brodett who also collects
"salary" from PHILCOMSAT, in this case a P1,224,000
"unpaid salary".
Brodett admits that part
of this compensation is P102,000 per month as "errand
boy" to Pres. Manuel Nieto who was diagnosed with Alzheimer's
since 2003.
