By virtue of the powers vested in me by law, I, FERDINAND E. MARCOS, President of the Philippines, do hereby create a committee to investigate alleged unaccounted funds and illegal investments of the Home Financing Commission, composed of the following:

Mr. Emilio Gancayco
Department of Justice	--------------------------------------------------------------	Chairman
Mr. Alipio Calmacio
Presidential Economic Staff	--------------------------------------------------------------	Member
Mr. Marcelino Yumol
General Auditing Office	--------------------------------------------------------------	Member

For the purpose of the investigation, the committee is hereby granted all the powers of an investigating body under Sections 71 and 580 of the Revised Administrative Code, including the power to summon witnesses, administer oaths, and take testimony or evidence relevant to the investigation.

The committee shall submit its report and recommendation to the President of the Philippines as soon as possible.

Done in the City of Manila, this 13th day of February, in the year of Our Lord, nineteen hundred and sixty-seven.


By the President:

(Sgd.) RAFAEL M. SALAS
Executive Secretary