Since the Philippine Aerospace Development Corporation (PADC) was created by a presidential decree, Senator Leila De Lima says the Congress has the power to decide whether to keep an agency that seems to be wasting government funds.
OPPOSITION SENATOR. Senator Leila de Lima is escorted by cops as she leaves a Muntinlupa court on March 20, 2019. Photo by Lito Borras/Rappler
The PADC was created in 1973 as an overarching agency for the innovation of the aviation and aerospace industry, both public and private. The PADC has been grappling with financial issues such as a long standing dispute with the Bureau of Internal Revenue . Poor maintenance of its facilities had disabled the agency in performing its core functions, such that its main source of income was leasing its hangars to Cebu Pacific.
“The PADC’s inability to manage its mandated responsibilities has gravely tainted its governance, thus resulting to zero outputs from aimed activities or projects, which if implemented adeptly could have profited our economic growth,” De Lima said.
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