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Saturday, April 20, 2024

Anti-corruption program for GOCCs launched

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The Governance Commission for GOCCs, the central advisory, oversight, and monitoring body for government-owned or -controlled corporations, has launched an anti-corruption and integrity program during a recent meeting of the Asia-Pacific Network on Corporate Governance of State-owned Enterprises in Jakarta, Indonesia.

Commissioner Geraldine Marie Berberabe-Martinez said during the meeting that in 2014, the Governance Commission issued its whistleblowing policy for the GOCC sector to enable any concerned individual to report and provide information on matters involving the actions of directors/trustees, officers, and employees of GOCCs.

It was then revised in 2016 in response to the key learnings of the Commission from the initial implementation of the policy.

Government corporations are required to establish their own whistleblowing systems as well as an online link in their official websites to the GCG’s Whistleblowing Web Portal.

“We needed to enumerate specific acts or omissions so that it will be easier for us to respond… this is to clearly inform stakeholders the nature of acts that may be reported so that this will not be merely customer service complaints,” Berberabe-Martinez said.

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Under the revised policy, the Commission created an Integrity Division to serve as the dedicated unit that implements the whistleblowing policy of the GOCC Sector.

She also introduced the GCG’s Anti-Corruption and Integrity Program to the Asia-Pacific (APAC) region, which will enforce accountability in the GOCC Sector.

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