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Bacolod City, Philippines Tuesday, October 10, 2006
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Editorial

Who drained the
RSBS of the Army?

Daily Star logo
Published by the Visayan Daily Star Publications, Inc.
NINFA R. LEONARDIA
Editor-in-Chief & President

CARLA P. GOMEZ
Editor

GUILLERMO TEJIDA III
Desk Editor
NANETTE L. GUADALQUIVER
Busines Editor

CEDELF P. TUPAS

Sports Editor (On Leave)
RENE GENOVE
Bureau Chief, Dumaguete
MAJA P. DELY
Advertising Coordinator

CARLOS ANTONIO L. LEONARDIA
Administrative Officer

There had been rumors and there had been rumblings. In fact, among the reasons hinted for the staging of the mutiny by several young officers of the country's military had been their claim that something fishy was going in in the handling of the funds they had been contributing to and supposed to be held for their retirement or separation from the service later.

Once again the saying that where there's smoke, there's fire, has been proven. The Armed Forces itself admitted recently that the Retirement and Separation Benefit System had gone bankrupt, kaput, and could no longer continue to operate. In plain words, there was nothing left in the coffers that once held the millions contributed by the soldiers themselves, deducted from their meager pay.

After the bells had tolled for the Armed Forces of the Philippines Retirement and Separation Benefit System, Malacaņang was quick to announce that the officers and soldiers, especially those on the verge of retirement, do not have to worry, because the President was putting up some P26 billion to cover what they expected from the fund.

That may assuage the anxiety, disgust and indignation of the contributors to the fund, but what dismays those who are part of it is the failure of the government, if not their own officials in the military, to act against those who have dipped their dirty fingers into their money and enriched themselves with impunity.

In truth, several cases - almost a hundred of them - had been filed against some of those believed involved in the thievery, but nothing has come out, so far, of those charges. The cases are said to be languishing at the Sandiganbayan.

This is another case that bears watching - not just from the angle of how the courts will act on them, but also, from the side of the soldiers, as to how far their patience and tolerance of such crimes perpetrated on them will go.*

 

 
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