{"id":129701,"date":"2017-11-09T00:49:29","date_gmt":"2017-11-09T05:49:29","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=129701"},"modified":"2017-11-09T00:49:29","modified_gmt":"2017-11-09T05:49:29","slug":"ssc-welcomes-planned-house-probe-vs-4-sss-execs","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/11\/09\/ssc-welcomes-planned-house-probe-vs-4-sss-execs\/","title":{"rendered":"SSC welcomes planned House probe vs. 4 SSS execs"},"content":{"rendered":"<figure id=\"attachment_114184\" aria-describedby=\"caption-attachment-114184\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/Untitled-design.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-114184\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/Untitled-design.jpg\" alt=\"In a statement issued Wednesday, SSC said it is \u201cpursuing anti-corruption initiatives in support of President (Rodrigo R.) Duterte\u2019s programs of government.\u201d\" width=\"1024\" height=\"768\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/Untitled-design.jpg 1024w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/Untitled-design-300x225.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/Untitled-design-768x576.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption id=\"caption-attachment-114184\" class=\"wp-caption-text\">In a statement issued Wednesday, SSC said it is \u201cpursuing anti-corruption initiatives in support of President (Rodrigo R.) Duterte\u2019s programs of government.\u201d<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0&#8212; The Social Security Commission (SSC) welcomed the House of Representatives\u2019 move to investigate four Social Security System (SSS) officials who allegedly tapped the agency\u2019s accredited stock brokers for their personal gains.<\/p>\n<p>In a statement issued Wednesday, SSC said it is \u201cpursuing anti-corruption initiatives in support of President (Rodrigo R.) Duterte\u2019s programs of government.\u201d<\/p>\n<p>It has formed a committee to investigate the alleged corrupt deeds of the four SSS executives who \u201cwill have their day in court.\u201d<\/p>\n<p>\u201cThe Commission also said that it welcomes and supports the forthcoming congressional probe, as well as participation of other government agencies to ensure that the investigation will be complete and thorough,\u201d it added.<\/p>\n<p>The SSS officials who are\u00a0facing charges for allegedly using the agency\u2019s accredited stock brokers for their own benefit are SSS Executive vice president for investments Rizaldy Capulong, equities investment division chief Reginald Candelaria, equities product development head Ernesto Francisco Jr. and chief actuary George Ongkeko Jr.<\/p>\n<p>The \u00a0serious dishonesty and grave misconduct charges stemmed from the complaint filed by SSS Commissioner Jose Gabriel La Vina.<\/p>\n<p>La Vina said the previous SSS administration prevented possible abuses by its investment officers by requiring them to declare all their investments and have these approve by their superiors.<\/p>\n<p>He claimed that Candelaria and Francisco endorsed each other\u2019s stock holdings and these were approved by Capulong.<\/p>\n<p>He added that these stocks were handled by SSS-accredited stockbrokers even if one of these brokers only handles high net worth investors and corporates.<em><strong>\u00a0<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; The Social Security Commission (SSC) welcomed the House of Representatives\u2019 move to investigate four Social Security System (SSS) officials &hellip;<\/p>\n","protected":false},"author":33,"featured_media":114184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[31995,30824],"class_list":["post-129701","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-social-security-commission-ssc","tag-social-security-system-sss","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/129701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=129701"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/129701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/114184"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=129701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=129701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=129701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}