4 examining this is also called investigatory power

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Unformatted text preview: versation of public funds or raids on the public treasury 2. By Receiving, directly or indirectly, any commission, gift, share, percentage, kickbacks or any other form of pecuniary benefit from any person and/or entity in connection with any government contract or project or by reason of the office or position of the public officer concerned 3. By the Illegal or fraudulent conveyance or disposition of assets belonging to the National Government or any of its subdivisions, agencies or instrumentalities or government‐owned or ‐controlled corporations and their subsidiaries 4. By Obtaining, receiving or accepting directly or indirectly any shares of stock, equity or any other form of interest or participation including promise of future employment in any business enterprise or undertaking 5. By establishing agricultural, industrial or commercial Monopolies or other combinations and/or implementation of decrees and orders intended to benefit particular persons or special interests 6. By taking Undue advantage of official position, authority, relationship, connection or influence to unjustly enrich himself or themselves at the expense and to the damage and prejudice of the Filipino people and the Republic of the Philippines. (RA 7080, “AN ACT DEFINING AND PENALIZING THE CRIME OF PLUNDER”) Q: Can ill‐gotten wealth be characterized by a series of events that would make a public officer liable? A: Yes, in cases of plunder, any public officer who, by himself or in connivance with members of his family, relatives by affinity or consanguinity, business associates, subordinates or other persons, amasses, accumulates or acquires ill‐ gotten wealth through a combination or series of overt or criminal acts as described in Section 1 (d) of RA 7659, in the aggregate amount or total value of at least fifty million pesos (P50,000,000.00) shall be guilty of the crime of plunder. (Sec. 2 of RA 7659) Q: Can prosecution for the recovery of ill‐gotten wealth be barred by prescription, laches an...
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