Managing Conflict of Interest - Organisation for Economic Co ...

Learning from Case Studies 65• Any person requesting a copy of a statement shall berequired to pay a reasonable fee to cover the cost of reproductionand mailing of such statement, as well as the cost ofcertification.• Any statement filed under oath shall be available to thepublic for a period of 10 years after receipt of the said statement.After such period, the statement may be destroyedunless needed in an ongoing investigation.• It shall be unlawful for any person to obtain or use any declarationfiled for any purpose contrary to morals or publicpolicy, or any commercial purpose other than by news andcommunications media for dissemination to the generalpublic.Asset disclosure is also mandated by the 1987 Constitution ofthe Republic of the Philippines. Article XI, Section 17, requires thata public officer or employee shall, upon assumption of office andas often thereafter as may be required by law, submit a declarationunder oath of his assets, liabilities, and net worth. In the case ofthe President, the Vice-President, the members of the Cabinet, theCongress, the Supreme Court, the constitutional commissions andother constitutional offices, and officers of the armed forces withgeneral or flag rank, the declaration shall be disclosed to the publicin the manner provided by law.Constitutional and Legislative Provisions for Asset Declaration inthe Philippines• 1955—Republic Act 1379 (property holdings andacquisitions);• 1960—Republic Act 3019: Anti-Graft and Corrupt PracticesAct (statement of assets and liabilities required);• 1987—Constitution of the Republic of the Philippines (statementof assets, liabilities and net worth required and publicdisclosure allowed);• 1989—Republic Act 6713: Code of Conduct and EthicalStandards for Public Officials and Employees (granted publicaccess to public officials’ assets, liabilities, net worth, andfinancial and business interests).ADB/OECD Anti-Corruption Initiative for Asia and the Pacific