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House eyes probe of GSIS investments

MEASURES that seek to investigate the alleged irregular investments and inefficiencies of the Government Service Insurance System (GSIS) have been filed at the House of Representatives.

House Resolutions 1705 and 1706 were filed by the Makabayan bloc on Monday, urging the Committees on Government Enterprises and Privatization and Civil Service and Professional Regulation to investigate, in aid of legislation, possible violations of its laws, rules and regulations that expose the contributions of government employees to high risks, as well as to lower its usurious interests and penalties imposed to its members.