Question & AnswerQ&A (EXECUTIVE ORDER NO. 1)
The purpose of the PCGG is to recover all ill-gotten wealth accumulated by former President Ferdinand E. Marcos, his immediate family, relatives, subordinates, and close associates, whether located in the Philippines or abroad, and to prevent the recurrence of corruption under the new government.
The PCGG was composed of Minister Jovito R. Salonga as Chairman, and Commissioners Mr. Ramon Diaz, Mr. Pedro L. Yap, Mr. Raul Daza, and Ms. Mary Concepcion Bautista.
The PCGG has the power to conduct investigations, sequester properties, provisionally take over business enterprises, enjoin or restrain acts that may frustrate its efforts, administer oaths, issue subpoenas, hold persons in contempt, seek assistance from government agencies, and promulgate rules necessary to carry out its functions.
Yes, the PCGG can provisionally take over business enterprises and properties taken over by the Marcos administration or by entities or persons close to former President Marcos to prevent their disposal or dissipation until the transactions can be properly disposed of.
Yes, no civil action shall lie against the commission or any member thereof for anything done or omitted in the discharge of the tasks contemplated by EO No. 1.
No, members or staff of the PCGG cannot be required to testify or produce evidence in proceedings concerning matters within the official cognizance of the Commission.
An amount of Fifty Million Pesos or as much thereof as needed was set aside from the National Treasury for the expenditure of the PCGG to carry out the purposes of EO No. 1.
The PCGG may conduct investigations as necessary to accomplish and carry out the recovery of ill-gotten wealth and investigate cases of graft and corruption assigned by the President.
The PCGG may administer oaths and issue subpoenas requiring the attendance and testimony of witnesses and the production of books, papers, contracts, records, and other documents material to its investigations.
The Commission is tasked to adopt safeguards to ensure that ill-gotten wealth accumulation practices are not repeated and to institute adequate measures to prevent the occurrence of corruption under the new government.