Palace justifies using GOCC dividends for DAP
MANILA - The Palace justified the legality of the use of government-owned and controlled corporations (GOCC) dividends to fund the disbursement acceleration program (DAP).
Deputy presidential spokesperson Abigail Valte cited a provision on unprogrammed funds in the General Appropriations Act authorizing the use of standby appropriation when revenues exceed targets.
"Unprogrammed funds are standby appropriations that can be used when revenue collections exceed the original revenue targets submitted by the President including collections arising from sources not originally considered in the original revenue targets," Valte said.
"Since 1989, there has always been a provision in the General Appropriations Act for unprogrammed funds. So that would be your legal basis."
Valte has enumerated provisions in the law as legal basis that authorizes the President to use savings for certain purposes. She cited the Constitution’s Article VI, Section 25 (5) and the Administrative Code’s Chapter 5, Book VI, Sections 39 and 49.
The disbursement acceleration program has come under fire over insinuations that the fund releases were used as bribes or incentives to senators who voted to convict Chief Justice Renato Corona during the impeachment trial. Malacañang spokesman have denied the allegations, saying the funds were used to ramp up spending in 2011-2012.