WHEREAS, Executive Order No. 127, as amended, reorganizing the Department of Finance, converted the Economic Intelligence and Investigation Bureau into a purely staff agency, thus preventing it from maintaining and/or establishing its regional offices;

WHEREAS, the nature, mode and extent of economic sabotage, smuggling, tax evasion, dollar salting and other related illegal activities that undermine revenue and customs law and adversely affect the national economy are widespread and nationwide;

WHEREAS, the maintenance and/or establishment by the Economic Intelligence and Investigation Bureau of regional offices are essential to effectively and efficiently gather, collate and evaluate intelligence reports and data for the purpose of monitoring these illegal activities and the eventual prosecution of the perpetrators thereof; and

WHEREAS, Section 70 of Executive Order No. 127, as amended, authorizes changes in the reorganization of the Department of Finance to promote efficiency and effectiveness in the delivery of public services, subject to the approval of the President.

NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by virtue of the powers vested in me by law, do hereby order:

SECTION 1. The Economic Intelligence and Investigation Bureau, under the administrative and operational control of the Secretary of Finance, is authorized to maintain and/or establish regional offices as may be necessary. The appropriate structure and staffing pattern shall be determined in coordination with and subject to the approval of, the Department of Budget and Management.

SECTION 2. The additional amount that may be needed in the maintenance and/or establishment of Economic Intelligence and Investigation Bureau regional offices is chargeable against the P27.5 million fund provided in CY 1988, for the department-wide reorganization of the Department of Finance.

SECTION 3. This Administrative Order shall take effect immediately

DONE in the City of Manila, this 25th day of August in the year of Our Lord, nineteen hundred and eighty-eight.


By the President:
(Sgd.) CATALINO MACARAIG, JR.
Executive Secretary