| Oversights
in the HSA?

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 |
The misgivings of both officials and ordinary citizens over the provisions
of the so-call Human Security Act, better known as the Anti-Terrorism Law, have
been reinforced by the recent observation of a high-ranking official of the Bangko
Sentral ng Pilipinas that it contains loopholes that could give advantages to
the very people it is supposed to save us from - the terrorists. This,
said the general counsel of the BSP, is because the HSA, while it covers bank
deposits, trust accounts, placements, assets and records, does not include foreign
currency deposits. This, he further said, could allow terrorist groups
to maintain their funds in foreign currencies which are not covered by the HSA
and are, in fact, protected by the General Banking Law which provides for secrecy.
Under the HSA, such funds could only be probed by law enforcement agencies, and
not by the BSP because it is not mandated to conduct such investigation, although
it is the agency that has the capability to do this, and not the law enforcers.
Meanwhile, Senator Aquilino Pimentel has again pointed out that the crimes delineated
in the HSA are already covered by other laws enacted by the country, and that
the penalties for them are prescribed in the Revised Penal Code. That is why the
HSA has even been referred to by some solons as nothing but a "paper tiger".
There is also a perception in various sectors that the HSA, or Republic Act 9372,
does not clearly define what "terrorism" is and only makes it illegal for anyone
to commit certain acts that, as earlier mentioned, are already punishable under
present laws. But perhaps that is what makes the HSA ominous for those
who have really studied its provisions and the leeways it grants those in charge
of enforcing it. It apparently does not only threaten some of our freedoms, but
can also impact on the economy of the country, as well.* |