MWSS remits Php150M to the National Treasury on 23 May 2016 as partial dividends remittance for the year 2015. MWSS has consistently remitted to government since 2011.
The remittance coincided with the GOCC Day and was formally acknowledged by President Aquino, Secretary Purisima and Senate President Drilon. 54 GOCCs represented by their heads of agencies were honored in the event as the CEOs handed over their checks to President Aquino in the annual ceremonial turnover of GOCCs’ dividends. The turnover was also occasion for the recognition of the GOCCs’ achievements and significant contributions to the country’s national development.
Present at the GOCC Day were Administrator Gerardo A. I. Esquivel, Chief Regulator Joel Yu, Senior Deputy Administrator Nathaniel C. Santos, Deputy Administrator (DA) for Administration and Support Services Zoilo Andin, Jr., DA for Technical Regulation Area Engineer Gerardo Sullano, DA for Customer Service Regulation Area Genaline Valera; Chief of Staff Cecille V. Bautista; and Acting Manager of Public Information Department Kristin San Pedro.
With this year’s (2016) theme “Building the Nation through Good Corporate Governance,” the President thanked the remitting GOCCs and said that the total remittance for the past six years of his Administration amounted to P164.33 billion. This is almost twice the sum remitted by the previous Administration of P84.18 billion from 2001 to 2010.
Since 2012, the Governance Commission has continued the tradition of the annual ceremonial turnover of GOCCs’ dividends and recognition of GOCCs that made significant contributions to national development.