FINANCE Secretary Benjamin Diokno and nine officials of the Bangko Sentral ng Pilipinas (BSP) led by former Governor Felipe Medalla secured the top 10 ranking in the Commission on Audit’s (COA) list of the highest-paid government executives for fiscal year 2022.
The 2023 Report on the Salaries and Allowances (ROSA) that the COA released yesterday ranked 9,620 principal officers of governing boards of government-owned or controlled corporations (GOCCs) and their subsidiaries; secretaries of major executive agencies, undersecretaries, assistant secretaries; and other officials of national government agencies with equivalent ranks from highest to lowest.
Excluded from the report are the compensation of the President, the Vice President, and members of Congress.
In a letter to President Marcos Jr., COA chairperson Gamaliel Cordoba said the report “aims to support the administration’s continuing trust for transparency and accountability in government transactions and operations.”
On top of the list is Medalla who raked in P34.172 million last year. His term ended as BSP head on July 2. He was a BSP-Monetary Board (MB) member prior to his appointment on June 30 as BSP governor. He replaced Diokno when the latter was appointed as secretary of the Department of Finance (DOF).
Diokno, who was 2021’s highest paid government official, dropped to second place with P28.781 million, followed by BSP-MB members Anita Linda Aquino with P26.362 million, and Victor Bruce Tolentino with P25.678 million.
BSP Deputy Governor Chuchi Fonacier came at fifth place with P25.157 million, followed by former BSP-MB members Peter Favila with P24,389,260.96, and Antonio Abacan, P24.026 million.
The eighth highest paid executive is BSP senior assistant governor and general counsel Elmore Capule with P22.474 million, followed by deputy governor Francisco Dakila with P22.3 million and assistant governor Edna Villa, P20.901 million at the 10th spot.
Supreme Court Senior Associate Justice Marvin Leonen got the 15th spot with P18.607 million while former solicitor general and resigned COA chairperson Jose Calida came in at 18th place with P13.448 million.
Former tourism secretary and now BSP deputy governor Bernadette Romulo-Puyat was at the 29th place with 10.272 million.