Members of the Philippine Contractors Accreditation Board (PCAB) can no longer own a construction company, Trade Secretary Ma. Cristina Aldeguer-Roque said on Wednesday.
Roque said this in a press briefing after attending the hearing of the Independent Commission for Infrastructure (ICI) amid its investigation on infrastructure anomalies.
‘This is a conflict of interest,’ Roque emphasized.
According to the DTI chief, all PCAB board members, who earlier resigned amid the flood control projects scandal, will soon be replaced.
‘We are just waiting for the appointment of the PCAB board members,’ she said.
When asked about the time when the names of the new PCAB board members will be released, Roque said, ‘very soon.’
On September 3, lawyer Herbert Matienzo resigned as PCAB executive director for ‘personal reasons’ amid allegations that the board was involved in accrediting construction companies in exchange for money.
After this, PCAB board member Erni Baggao stepped down for ‘personal and health reasons,’ while the term of another board member, Arthur Escalante, lapsed in May. /jpv/abc