BCDA remits P2.3-B to National Government

President Benigno S. Aquino III shakes the hand of Bases Conversion and Development Authority (BCDA) President and CEO Arnel Paciano D. Casanova  during the  Government-Owned and -Controlled Corporations (GOCCs)  Dividends Day in Malacanang where the BCDA turned over  a total of P2.309 billion to the National Government.  The BCDA belongs to the so-called “Billionaires’ Club” or the top eight Government-Owned and -Controlled Corporations (GOCCs)  that remitted dividends of  P1-B or more. The BCDA ranked fourth  among the GOCCs.  Looking on are (from left) Finance Secretary Cesar Purisima  and  Senator Franklin Drilon.