• World News
  • Politics
  • Economy
  • Stock
  • Editor’s Pick
Global Trading Markets
EconomyEditor's Pick

Business chamber says ICI needs subpoena powers in infra probe

by October 20, 2025
October 20, 2025

THE PHILIPPINE Chamber of Commerce and Industry (PCCI) said the body investigating public works corruption lacks the subpoena powers to compel persons of interest to appear before it.

It also called for decisive action against corruption in infrastructure, warning that any cover-ups could damage business confidence.

“We feel that we need more, and we need decisive action and decisions. We don’t want cover-ups and railroading,” PCCI President Enunina V. Mangio said on the sidelines of the 51st Philippine Business Conference and Expo on Monday.

“Our recommendation is that President Ferdinand R. Marcos, Jr. gives legal authority to ICI to really prosecute or to really find those that are really guilty,” she said.

“We really want those responsible to be punished and to be identified,” she added. “It was really very surprising to us that the corruption in flood control is of this magnitude.”

According to a joint statement released Sunday by 34 business groups, including the PCCI, the Independent Commission for Infrastructure (ICI) needs to be granted full powers to investigate those responsible for the flood control corruption scandal.

In the joint statement, the groups called for prosecution of all those responsible, impartially and without regard to rank, position, political affiliation, or personal relationships. — Justine Irish D. Tabile

previous post
The Military Is Back: Thanks to President Trump and Secretary Hegseth – U.S. Marines 250th Anniversary Event
next post
House resolution seeks US talks to discuss call center reshoring

You may also like

Red onion prices expected to stabilize towards year’s...

November 20, 2025

Low-interest financing models under study for offgrid power

November 20, 2025

PHL rice output stagnant since 2017 but consumption...

November 20, 2025

ERC: Increasing commissioner roster may not expedite resolution...

November 20, 2025

PHL gains expanded access to EU earth observation...

November 20, 2025

Double taxation fears raised if plastics tax added...

November 20, 2025

BPO workers urge legislators to pass law regulating...

November 20, 2025

Exporters urged to verify their US tariff-exempt status

November 20, 2025

EU trade talks unaffected by corruption worries, PHL...

November 20, 2025

Balisacan: PHL underlying growth track remains at 6%

November 20, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Red onion prices expected to stabilize towards year’s end

      November 20, 2025
    • Low-interest financing models under study for offgrid power

      November 20, 2025
    • PHL rice output stagnant since 2017 but consumption rising — study

      November 20, 2025
    • ERC: Increasing commissioner roster may not expedite resolution of cases

      November 20, 2025
    • PHL gains expanded access to EU earth observation data

      November 20, 2025
    Footer Logo
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 GlobalTradingMarkets.com All Rights Reserved.

    Global Trading Markets
    • World News
    • Politics
    • Economy
    • Stock
    • Editor’s Pick