GSIS PREMIUMS NON-REMITTANCE: Mayor pleads guilty
QUEZON CITY --- Mayor Michael Guysayko of Bulusan, Sorsogon, has entered a guilty plea to the charges of 10 counts of violation of Section 52 (c) of Republic Act No. 8291 (GSIS Act). Guysako, together with Municipal Treasurer Jasmin Garcia, Municipal Accountant Ramon Belleza and Municipal Budget Officer Marieta Negrite were convicted by the Sandiganbayan for their non-remittance of GSIS premium contributions from July 2010 to July 2011 totalling P2,339,199.14. During the January 12, 2018 hearing, Guysayko et al., duly assisted by counsel, manifested that they fully understood the nature of the charges and the consequences of their plea. The Sandiganbayan sentenced the accused to each pay a fine of P5, 000.00 for each count with subsidiary imprisonment in case of insolvency. Section 52 of the GSIS Act of 1997 provides that it shall be unlawful for heads of national government offices and personnel who are involved in the collection of such contributions to fail, refuse, or delay the payment of such GSIS premiums within 30 days from due date. GSIS premiums are payable every 10th day of the month.