Former Philippine SEC Officials Cleared in P92 Million Salary Increase Case

Former officials and employees of the Philippine Securities and Exchange Commission (SEC) have been cleared by the Supreme Court and will not have to return P92 million in funds previously flagged by the Commission on Audit as unauthorized salary increases.

4 Apr, 16:00 — 4 Apr, 16:00

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philstarMostly Factual144d ago

Ex-SEC officials, staff cleared of ‘unauthorized’ salary increase

Former officials and employees of the Securities and Exchange Commission (SEC) will no longer have to return P92 million worth of funds allotted for salary increases, which the Commission on Audit (COA) previously flagged as unauthorized, the Supreme Court ruled.

By Ghio Ong

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Former Philippine SEC Officials Cleared in P92 Million Salary Increase Case

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Ex-SEC officials, staff cleared of ‘unauthorized’ salary increase

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