Palace: SSS more ‘efficient’ sans quarreling board members

MANILA The Social Security System (SSS) will be more efficient without quarreling among members of its board, Presidential Spokesperson Harry Roque, Jr. said Tuesday.

Roque made this remark a day after after President Rodrigo R. Duterte made the decision not to renew the appointments of SSS Chairman Amando Valdez and Commissioner Jose Gabriel Pompee La ViAa.

Sa tingin ko, kaya pinalitan yan ni Presidente, ay dahil nakikita niya na mas magiging efficient ang SSS kung walang hidwaan sa boardng SSS (I think, the reason why the President replaced them, is because he can see that the SSS would be more efficient if there was no quarreling among its board members), Roque said in a press conference in Tabuk, Kalinga.

Roque assured that operations at the SSS would continue even while the Palace has yet to find replacements for the two sacked officials.

Yung management ng SSS hindi nabago, patuloy naman ang trabaho diyan sa SSS (The management of the SSS has not changed, operations continue at the SSS), he added.

Roque did not give any reason for the Duterte's decision not to renew the appointments of the two SSS officials noting that it was Presidential prerogative.

Valdez and La ViAa had been serving in the SSS in a hold over capacity.

The SSS was earlier embroiled in controversy after four of its executives were alleged to be involved in a stock trading mess.

La ViAa earlier filed an administrative complaint against SSS Executive vice president for investments, Rizaldy Capulong; equities investment division chief, Reginald Candelaria; equities product development head, Ernesto Francisco, Jr.; and chief actuary George Ongkeko, Jr.

He accused the four for serious dishonesty and grave misconduct since some of them allegedly used SSS-accredited stock brokers for their own benefit.

Source: Philippine News Agency

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