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PCO's Ruiz vows to divest shares, interests from other businesses
Presidential Communications Office Ad Interim Secretary Jay Ruiz is divesting his shares from a political management firm.
This action follows a report that the company secured P206.052 million in contracts from the Philippine Charity Sweepstakes Office (PCSO) in late 2024.
Ruiz also stated he would divest from a restaurant and a leasing company, though he sees no conflict of interest in these.
Palace Press Officer Undersecretary Atty. Claire Castro confirmed Ruiz is within the legal 60-day period to divest his interests after assuming his position.
Castro stated that Ruiz is aware of the law and is preparing the necessary documents for the divestment process.
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Presidential Communications Office (PCO) Secretary Jose RuÃz denies allegations of owning shares in Digital8, Inc., a company that secured government contracts with the Philippine Charity Sweepstakes Office (PCSO).
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Presidential appointees in the Presidential Communications Office (PCO) holding non-permanent positions have been directed to submit courtesy resignations.
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