[Latest News][6]

2016
Achievers
Advisory
Agriculture
Albay
Albay News
Announcements
Banner
Bicol
Bicol Express
bicol local news
bicol local newspaper
Bicol News
bicol news latest
Bicol Songs
Bicol Vigilantes
Bicolana beauties
Bicolano achievers
Bikol news
Binibining Pilipinas
Business
Camarines Norte
Camarines Sur
Caramoan Massacre
Case in Point
Catanduanes
Celebrations
Church
Column
Community
Contributions
Culture
Daet
Daraga
Development
Disaster
Documents
Drugs
Economy
Editorial
Education
Entertainment
Environment
Events
Feature
Features
Filipino News
Food
Food Trip
Government
Headlines
Health
Human Interest
Infographics
Infrastructure
Iriga
Iriga City
Isipon Osipon
Jobs
Jokes
Kantang suanoy
Legazpi
Legazpi City
Letters
Libmanan
Lifestyle
Ligao City
Live
Masbate
masbate city
mayon
MayonPH
Media
Mining
Modelo Bikolano
Nabua
Naga
Naga City
Nagueno
Nation
National
News
News Bullets
OFW
Opinion
Oragon
Orgullo
Palarong Bicol 2014
Palarong Bicol 2015
Penafrancia
Penafrancia 2014
Photos
Places
PNR
Police
Police Report
Politics
Polls
Power
Power Watch
Rawitdawit
Region
Science
Sorosgon
Sorsogon
Sorsogon City
Sorsoson
Special
Sports
Tabaco City
Tigsik
Tips
Tourism
Trending
Trivia
Videos
virac
Weather
Weekly Roundup
Who reads Bicol Standard
Willy Bayola
World
Youth

Board prexy Chua wants Senate to probe Aleco sale irregularities

LEGAZPI CITY--"We respectfully request [the Senate Commmittee] to investigate both NEA and DOE for conniving with corrupt government officials, clerics and businessmen in stealing the business, franchise and other assets of Albay Electric Cooperative, Inc.," cooperative Board president Jaime B. Chua wrote to the Senate Energy Committee in a letter dated September 16, 2014.

Chua maintained that Albay now suffers endless and massive brownouts as a result of said connivance.

He claimed: "NEA unlawfully and inappropriately allowed local politicians like Albay Gov. Jesus Jose Sarte Salceda and Legazpi City Mayor Noel Rosal to meddle in the consultative vote (referendum) that was conducted by NEA in September 2013. They pushed for the takeover of the utility by the San Miguel Group. They handed out campaign funds at P20 per member-consumer/voter, as if the activity were a regular election of LGU officials."

RELATED: Aleco lawyer welcomes Petilla’s call for regional energy plan

Furthermore, he said, "On October 29, 2013, the culprits simulated a 'contract' between the cooperative and the San Miguel group, leasing the business and franchise operations."

Chua identified NEA and DOE officials as said culprits.

"[They] are supposed to know from the very beginning that Section 36 of the NEA Charter (Presidential Decree No. 269) expressly prohibits the sale or lease of the assets of electric cooperatives," Chua stressed.

"It was NEA Project Supervisor Veronica Briones who handed the electricity distribution business, assets and franchise operations of Aleco to APEC," he added.

"DOE Sec. Jericho Petilla made the takeover possible, in issuing IRR increasing the rehabilitation options," Chua said.

He  ended the letter by requesting that the matter be investigated "so that all those behind the scam [would] be prosecuted."

Aleco used to service the cities and towns of Legazpi, Daraga, Camalig, Manito, Rapu-Rapu, Tiwi, Malinao, Tabaco, Malilipot, Bacacay, Sto. Domingo, Libon, Polangui, Guinobatan, Ligao, Oas, Jovellar, and Pioduran.--BICOLSTANDARD.COM

Jaime B. Chua's letter to the Senate Energy Committee
(Click to enlarge)

Jaime B. Chua's letter to the Senate Energy Committee
(Click to enlarge)


Bicol news | Albay news | Camarines Norte news | Camarines Sur news | Catanduanes news | Daet news | Iriga City news | Ligao City news | Masbate news |Masbate City news | Naga City news | Sorsogon news | Sorsogon City news | Tabaco City news | Virac news | Bicol Standard on Facebook | Bicol Standard on Youtube | Bicol Standard on Instagram | Bicol Standard on Google+ | Bicol Standard on Pinterest

Bicol Standard

Bicol news

Start typing and press Enter to search