Statement of the Presidential Spokesperson on COA Chairman Villar Resignation

Statement of Presidential Spokesperson Edwin Lacierda:
On the decision of Commission on Audit Chairman Reynaldo A. Villar to step down from his position pending the appointment of his replacement

[Released February 23, 2011]

We appreciate the decision of Reynaldo Villar to step aside from the position of Chairman of the Commission on Audit as soon as his replacement is appointed. Mr. Villar has pointed out that he is the first to have risen from the ranks to become Chairman of the Commission on Audit. His decision to step aside is a welcome demonstration of his affection and institutional loyalty to the COA and the country. We wish him a comfortable and happy retirement.