CDC officials hit for P4.4M bonus-A A +A
Tuesday, September 3, 2013
CLARK FREEPORT --- Directors of the Clark Development Corporation (CDC) reportedly received P4.4 million in performance-based bonuses for 2012, an issue assailed by some rank-and-file employees of the state-owned firm.
This was gleaned from documents furnished to Sun.Star Pampanga, together with a statement from an anonymous letter sender (apparently an employee of CDC), who revealed that some of the directors received as high as P700,000 each.
"While the employees of CDC are fighting for implementation of their collective bargaining agreements and resumption of health and welfare benefits, top officials of Clark Development Corporation have received hundreds of thousands of pesos for their bonuses alone," the letter stated.
This is contrary to the earlier pronouncements of President Benigno Aquino III to government owned and controlled corporations (GOCC) to be prudent and implement the "matuwid na daan," the letter sender lamented.
The emailed statement also highlighted BCDA president Arnel Paciano Casanova's letter to CDC president Arthur P. Tugade saying, "We are pleased to inform you that the BCDA Board during its meeting on 22 May 2013 has approved your request for supplemental budget in the amount P4.4 million to finance the additional budget for CY2012 Performance-Based Bonus of the directors."
The CDC Board has 11 directors, including the president of the state-owned firm and Casanova.
"According to reports, some of the directors have received more than P700,000 each for their bonuses while many of the employees were not given their bonuses for reasons only known to the top management," the letter sender disclosed.
A report said that Tugade and CDC chair Eliseo Santiago received only P35,000 each because their employment started only last December 18, 2012.
The report said that many employees, who worked for one year starting 2012, only received less than P10,000.
During Tugade's meeting with members of the Capampangan in Media, Inc. (Cami), he refused to confirm or deny the issue that CDC directors have received fat bonuses.
Tugade instead asked newsmen to direct the question to the Chairman Cesar Villanueva of the governance commission.
While the BCDA has approved the budget for CDC directors, appropriated budget on health care program for employees is only P848,000 for the regular employees and P32,218 for the dependents as of August 23, the letter sender claimed.
The letter also stated that the CDC management, under the leadership of Tugade, has no proper monitoring to ensure that expenditure is on the right track.
"Tugade even hid the fact that budget for the health care so as the fat bonuses of the board of directors will be approved," the source said.
This, according to source, is "management accountability as there should be no diminution of any previous granted benefits, especially of health and welfare benefits."
At the same time, the management has allegedly suspended death insurance where there are two pending claimants who died while working for CDC, the source added.
The benefit has been enjoyed for 19 years and there should be immediate reinstatement of life insurance since there is no formal directive or order declaring the benefit illegal or disallowed, the letter sender pointed out.
The source also revealed that some personnel of the Commission on Audit (COA) are even under CDC health plan.
Sun.Star Pampanga tried to reach Tugade for comments since Monday, but to no avail.
CDC director Frankie Villanueva, for his part, said "the compensation of CDC officials is confidential so I can't comment on them."
"I suggest you direct your queries to the CDC president for his consideration," Villanueva added.
Director Ricardo Baron denied the allegations that they are receiving big bonuses and compensation, saying that all of the benefits of CDC directors were removed by President Aquino.
According to Baron, a director only receives P12,000 per diem, which is very low compared to other government-owned and controlled corporations.
Baron disclosed that he did not receive financial assistance, even a single centavo from CDC, when he was hospitalized for a back surgery three months ago.
"E tutu ita. Reng ping empleyadu na ning CDC maragul la sueldu kumpara kareng aliwang GOCCs. The allegations are not true. CDC employees' compensations are high compared to other GOCCs," Baron said.
Published in the Sun.Star Pampanga newspaper on September 04, 2013.