ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
:
ADMINISTRATIVE ORDERS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
ADMINISTRATIVE ORDER NO. 246 -
CREATING A COMMITTEE TO INVESTIGATE AND DETERMINE ALL THE FACTS AND
CIRCUMSTANCES REGARDING THE ALLEGED ILLEGAL ACT OR INVOLVEMENT OF
CERTAIN FINANCIAL INSTITUTIONS IN A FRAUDULENT TRANSACTION WITH
WESTINGHOUSE
There is hereby created a Committee for the
purpose of investigating and determining all the facts and
circumstances regarding the alleged illegal act or involvement of
certain financial institutions in a fraudulent transaction with the
Westinghouse.
The
Committee shall be composed of:
Hon. Eduardo G.
Montenegro
Undersecretary of Justice
Hon. Jaime L.
Guerrero
Deputy Chairman
Presidential Committee on the
Hon. Adolfo S.
Azcuna
Chairman, Philippine National
Bank
For the purpose of the investigation, the Committee is hereby granted all the powers of an investigating body under Section s 21 and 580 of the Revised Administrative Code, including the power to summon witnesses, administer oaths, take testimony or evidence relevant to the investigation, and to obtain compulsory processes to produce documents, books, records and such other matters in the performance of its functions.
The PC-PNPP shall establish a Secretariat for the technical and staff support of the Committee.
All the departments, bureaus, offices, agencies or instrumentalities, including government-owned or controlled corporations are hereby directed to extend such assistance and cooperation as the Committee may need in the discharge of its functions.
The Committee shall submit its findings and recommendations to the President of the Philippines within a period of thirty (30) days from the date hereof.
DONE in the City of Manila, this 25th day of October, in the year of Our Lord, nineteen hundred and ninety-one.
chanrobles virtual law library
Back to Main
Since 19.07.98.