Solons urge TRB to collect P4-B concession fees from PNCC 03/15/2012

Solons urge TRB to collect P4-B concession fees from PNCC

03/15/2012
The Toll Regulatory Board (TRB) should initiate legal action to exact payment from the Philippine National Construction Co. (PNCC) of some P4 billion unpaid concession fees to the government, the House of Representatives’ committee on good government and public accountability chaired by Iloilo City Rep. Jerry Treñas said Tuesday.

Reps. Rufus Rodriguez (Cagayan de Oro) and Maximo Rodriguez Jr. (Abante Mindanao party-list) initiated the congressional inquiry through House Resolution 826.

Treñas asked the officials of the PNCC to submit its financial statement for 2010 to the House panel at the next public hearing..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/nation/20120315nat1.html