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Investigative Reports

Ex-Bangko Sentral supervisors get most penalty over ‘ghost staff’ scandal

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Last updated: September 2, 2025 10:15 am
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Ex-Bangko Sentral supervisors get most penalty over ‘ghost staff’ scandal
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That is AI generated summarization, which can have errors. For context, at all times consult with the complete article.

The ex-supervisors had been supposedly concerned within the falsification of 4 staff’ attendance information

MANILA, Philippines – The Bangko Sentral ng Pilipinas formally dismissed two supervisors implicated within the “ghost staff” controversy, the BSP introduced on Tuesday, September 2.

The 2 supervisors had been supposedly concerned within the falsification of 4 staff’ attendance information. This allowed them to proceed receiving their salaries although they’d not reported for work for prolonged durations of time.

The employees concerned, who reported to 2 former Financial Board (MB) members, had been dismissed in July 2024.

Whereas the supervisors had been beforehand separated from service, the formal dismissal contains the forfeiture of their retirement advantages, cancellation of civil service eligibility, and perpetual disqualification from holding public workplace.

The scandal led to the resignation of two MB members tagged within the subject. The BSP mentioned that the Workplace of the President has jurisdiction over the 2 former MB members, they usually resigned in June 2024.



The BSP additionally introduced the next reforms it applied to forestall related incidents sooner or later such because the reorganization of the BSP committee on ethics and decorum. The committee is now headed by a deputy governor as an alternative of a director.

The central financial institution additionally mentioned it’s strengthening its whistleblower mechanism and finding out the group and administration of MB members’ places of work.

“The BSP’s management is dedicated to sustaining and strengthening integrity within the establishment. It began its investigation of the matter in November 2023, earlier than it turned public, contemplating all of the proof and defenses introduced,” it mentioned. – Rappler.com

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