EIGHTEENTH CONGRESS OF THE 
REPUBLIC OF THE PHIUPPINES 
First Regular Session
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)
S E N A T E
S. No. 663
o( tljf fepci ftsr?
'19 
JUL 22 P2 :10
Introduced by SENATOR RAMON BONG REVILLA, JR.
recei'.'lD :
AN ACT
REQUIRING PUBLIC OFFICIALS AND EMPLOYEES TO SUBMIT A WRITTEN 
PERMISSION OR WAIVER IN FAVOR OF THE OMBUDSMAN TO LOOK INTO 
ALL DEPOSITS OF WHATEVER NATURE WITH BANKS OR BANKING 
INSTITUTIONS 
BOTH 
WITHIN 
AND 
OUTSIDE 
THE 
PHILIPPINES 
INCLUDING INVESTMENT BONDS ISSUED BY THE GOVERNMENT OF THE 
PHILIPPINES, ITS POLITICAL SUBDIVISIONS AND INSTRUMENTALITIES 
AND PROVIDING PENALTIES THEREFOR
EXPLANATORY NOTE
Transparency is the key to better governance.1 It exposes corruption and 
misdoings in the government -  therefore the principle that public office is a public 
trust. The authors of the Constitution deemed it necessary to create an office which 
would act as a 'Tanodbayan'. To strengthen further and render his powers effective, 
a waiver that is given to the Ombudsman to look into all deposits with banks within 
or outside of the Philippines is warranted.
Given the foregoing, the immediate passage of this measure is sought.
RAMOT^^^^G^EVILLA, JR.
1 'The Political Origins o f Transparency", D. Berliner, University of Minnesota.


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EIGHTEENTH CONGRESS OF THE 
REPUBLIC OF THE PHILIPPINES 
First Regular Session
)
)
S E N A T E  
S. No. 
68."^
ottijc fectrfW rf
T\9 
JUL 22 P2 ;10
Introduced by SENATOR RAMON BONG REVILLA, JR.
RECETTTu l  
^
AN ACT
REQUIRING PUBLIC OFFICIALS AND EMPLOYEES TO SUBMIT A WRITTEN 
PERMISSION OR WAIVER IN FAVOR OF THE OMBUDSMAN TO LOOK INTO 
ALL DEPOSITS OF WHATEVER NATURE WITH BANKS OR BANKING 
INSTITUTIONS 
BOTH 
WITHIN 
AND 
OUTSIDE 
THE 
PHILIPPINES 
INCLUDING INVESTMENT BONDS ISSUED BY THE GOVERNMENT OF THE 
PHILIPPINES, ITS POLITICAL SUBDIVISIONS AND INSTRUMENTALITIES 
AND PROVIDING PENALTIES THEREFOR
Be it enacted by the Senate and House o f Representatives o f the Philippines in 
Congress assembled:
Section 1. Declaration o f Policy. -  It is the policy of the Philippine Government, 
in line with the principle that a public office is a public trust, to repress certain acts of 
public officers and private persons alike which constitute graft or corrupt practices or 
which may lead thereto.
Sec. 2. Submission o f Written Permission or Waiver. -  All public officials and 
employees, except those who serve in an honorary capacity, shall submit with the 
Office of the Ombudsman a written permission or waiver in favor of the Ombudsman 
to look into the deposits of whatever nature with banks or banking institutions both 
within and outside of the Philippines including investment bonds issued by the 
Government of the Philippines, its political subdivisions and instrumentalities.
Such permission or waiver shall be submitted thirty (30) days from assumption 
of office. Said officers who have already assumed their functions, shall submit it within 
ten (10) days from the publication of the implementing rules and regulations.


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Sec. 3. Limited Use o f Permission o r Waiver. -  The permission or waiver given 
by the public officer or employee shall only be used by the Ombudsman upon a 
legitimate complaint filed.
Sec. 4. Penaities. — In case of a failure of submission of the permission or 
waiver, said officer or employee shall not be allowed to work until the submission of 
the waiver or permission and a fine of twenty thousand pesos (P20,000.00).
The improper use of the permission or waiver other than the use it is intended 
for, shall warrant the punishment of imprisonment of one (1) year to four (4) years at 
and/or a fine of fifty thousand pesos (P50,000.00) to one hundred thousand pesos 
(P100,000.00) at the discretion of the court.
Sec. 4. Implementing Rules and Regulations. -  Within thirty (30) days, the 
Office of the Ombudsman shall formulate the rules and regulations to effectively 
implement the provisions of this Act.
Sec. 5. Separability Clause. -  If any portion or provision of this Act is declared 
unconstitutional, the remainder of this Act or any provisions not affected thereby shall 
remain in force and effect.
Sec. 6. Repealing Clause. -  Any law, presidential decree or issuance, executive 
order, letter of instruction, rule or regulation inconsistent with the provisions of this 
Act is hereby repealed or modified accordingly.
Sec. 17 Effectivity. -  This Act shall take effect fifteen (15) days following its 
complete publication in a newspaper of general circulation.
Approved,