All public servants – from the clerk all the way to the President – must be excluded from the “protection” of the Bank Secrecy Act, Sen. Panfilo M. Lacson said Thursday.
Lacson said this will help curb corruption as government officials and employees who enrich themselves while in office will have a harder time hiding their ill-gotten gain.
“Whether janitor or clerk, all the way up to the President, kailangan di ka protektahan ng Bank Secrecy Act (Whether you are a janitor or clerk, all the way up to the President, you should not be protected by the Bank Secrecy Act),” he said in an interview on One News.
Uncovering ill-gotten wealth of government officials may soon get easier, with a proposed measure by Sen. Panfilo M. Lacson seeking to exclude them from the Bank Secrecy Law.
Lacson’s Senate Bill 47 effectively removes from all public servants the “protection” afforded by Republic Act 1405, which prohibits disclosure or inquiry into bank deposits.
“The avowed purpose of the law (Bank Secrecy Act) is meritorious in preserving the confidentiality of bank transactions. Unfortunately, this provision of the law prohibiting the disclosure of or inquiry to bank deposits had been exploited time and again to hamper and stall investigations of government officials and employees suspected of enriching themselves while in public office,” Lacson said.
Maaari nang mausisa ng publiko ang mga bank accounts ng mga matataas na opisyal ng pamahalaan sa oras na maisabatas ang panukalang inihain ni Senador Panfilo Lacson.
Pangunahin kasing layunin ng Senate Bill 47 na inihain ni Lacson na amyendahan ang ilang nilalaman ng Republic Act 1405 o ang Bank Secrecy Law bunga na rin ng pagiging “madamot” nito sa publiko kaugnay sa mga detalye ng mga opisyal at kawani ng pamahalaan.
Partikular na probisyon ng naturang batas na nais maamyendahan ng senador ay ang bahaging nagbabawal sa mga bangko na isiwalat sa publiko ang mga bank accounts ng mga opisyal halal man o itinalaga at mga kawani ng pamahalaan.