Creating an Independent Inter-Agency Task Force to Investigate the Cases of the Legacy Group
Administrative Order No. 258, issued on March 16, 2009, establishes an independent inter-agency Task Force to investigate the Legacy Group's cases, which involve P30 billion. The Task Force will be chaired by a representative from the Presidential Anti-Graft Commission and include members from various agencies such as the Securities and Exchange Commission and the Department of Justice. Additional representatives from the Bangko Sentral ng Pilipinas and civic organizations will also be invited to participate. The investigation is set to last six months, with findings to be reported to the Office of the President and shared with several religious and civic groups. This order takes effect immediately.
March 16, 2009
ADMINISTRATIVE ORDER NO. 258
CREATING AN INDEPENDENT INTER-AGENCY TASK FORCE TO INVESTIGATE THE CASES OF THE LEGACY GROUP
SECTION 1. There is hereby created an independent inter-agency Task Force to investigate the cases of the Legacy group. cCaEDA
SECTION 2. The Task Force shall be headed by a representative of the Presidential Anti-Graft Commission as Chair, with representatives of the following agencies as members:
Securities and Exchange Commission
Bureau of Internal Revenue
Department of Justice
Department of Labor and Employment
Housing and Land Use Regulatory Board.
SECTION 3. Representatives from the Bangko Sentral ng Pilipinas, Bankers Association of the Philippines, Catholic Bishops Conference of the Philippines (CBCP), and a civic organization to be identified by the President of the Philippines shall be invited to participate in the investigation.
SECTION 4. The Task Force shall have sufficient and full power to conduct an in-depth investigation surrounding the Legacy P30 billion cases and the people responsible therefore. The period of investigation shall be for six months, the results of which shall be given to the Office of the President of the Philippines, with copies simultaneously furnished the Office of the CBCP, the United Council of Churches of the Philippines, the Iglesia ni Cristo, the Islamic D'awah Council of the Philippines, the National Press Club and the Monetary Board.
SECTION 5. This Order shall take effect immediately.
DONE in Manila, on the 16th day of March, in the year of Our Lord, Two Thousand and Nine.