Meralco ‘deal’ with Noynoy slammed
05/01/2010 A party-list lawmaker who is seeking a senatorial post in the forthcoming elections has denounced the alleged deal forged between Liberal Party presidential bet Benigno “Noynoy” Aquino III and the private utility firm Manila Electric Co. (Meralco) to purportedly forgo the overcharging in electricity rates if Aquino is elected as President. This developed as the Movement for Better Values yesterday picketed the offices of the Meralco and the Energy Regulatory Commission (ERC) to protest recent increases in electricity rates and bared the alleged secret deal between Meralco and the Noynoy Aquino camp. “(President) Arroyo’s legacy of high electricity rates since the approval of Republic Act 9136 or the Electric Power Industry Reform Act in 2001 and Noynoy’s dream for the presidency bodes ill for consumers and the people,” Nacionalista Party and Makabayan coalition senatorial candidate Rep. Liza Maza said in a press statement. “The Noynoy deal with Meralco, if this is true, could be a portent of things to come. The ERC is already sitting on the excessive billings of Meralco as proved by the CoA (Commission on Audit) audit. Should the deal push through, we are in for bigger electric shocks,” she added. Source: The Daily Tribune URL: http://www.tribuneonline.org/nation/20100501nat4.html |
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