The PCGG or Presidential Commission on Good Government is a quasi-judicial agency created by former President Corazon Aquino to recover ill-gotten wealth accumulated during the Marcos regime in the Philippines.
The agency has since recovered 170 billion pesos in ill-gotten wealth as well as jewelry, art and other assets, as per an ABS CBN story.
But in a speech at the Malacañang on Tuesday, President Rodrigo Duterte revealed his plans to abolish the PCGG. He said he is eyeing to replace the PCGG with an “anti-graft” agency. He added that he is currently looking for someone to lead it.
He said in front of new presidential appointees: “Gusto ko tanggalin pero baka sabihin naman ng mga tao, on the verge of discovering something, ‘kaya binuwag na tuloy ang PCGG.’ But I will create another office.” [I would like to abolish it, but people might say, that PCGG was abolished on the verge of discovering something, But I will create another office.]
DBM (Department of Budget and Management) Secretary Benjamin Diokno earlier questioned the output of the PCGG since it was created thirty years ago. He said: “They don’t do anything. What do they do?”
“They (the PCGG staff) enjoy things because they have so many perks,” he added.