Speaker Ferdinand Martin G. Romualdez delivers his welcome remarks during the Cornell Club of the Philippines "Speaker and Forum" on Financial Literacy held Friday afternoon at Manila Golf and Country Club,Makati City.
IN response to recent alarming reports of criminal activities associated with illegitimate Philippine Offshore Gaming Operators (POGOs), Speaker Ferdinand Martin G. Romualdez on Friday ordered a comprehensive congressional investigation.
This move, Romualdez said, underscored the government’s commitment to curbing illegal activities and ensuring that existing regulations are effectively enforced.
The House leader expressed his deep concern over the persistence of these unlawful operators, which continue to operate despite stringent regulations.
“We cannot allow these rogue POGO operators to persist in their illicit actions,” Romualdez declared.
“It is imperative that we identify and unmask the masterminds and protectors behind these operations so they can be prosecuted to the fullest extent of the law,” he added
The congressional investigation, according to the Speaker, aims to thoroughly examine the various criminal activities, including money laundering, human trafficking and other related offenses allegedly committed by these illegitimate POGOs.
He said it will analyze the effectiveness of current regulations and identify any gaps that allow these operators to evade the law.
“Establishing the identities of those responsible for protecting and facilitating these illegal operations and ensuring they are held accountable is a priority,” Romualdez said. “Ensuring the protection of local communities and individuals affected by the illegal activities of rogue POGO operators is crucial,” he pointed out.
Emphasizing the significance of the congressional investigation in maintaining the integrity of the country’s legal and regulatory framework, Speaker Romualdez said: “This is not just about enforcing the law; it’s about safeguarding our nation’s economic stability and protecting our citizens from the harmful effects of criminal enterprises.”
The House leader noted that the congressional probe must involve various stakeholders, including law enforcement agencies, regulatory bodies and community representatives, to gather comprehensive insights and recommendations.
Romualdez assured the public that the findings of this investigation would lead to stringent measures and reforms aimed at eradicating illegitimate POGO operations in the Philippines.
“We owe it to our citizens to ensure that the rule of law prevails and that criminal elements exploiting our system are brought to justice,” Romualdez said.
“This investigation is a crucial step towards restoring order and reinforcing the public’s trust in our institutions,” he added.
