- Written by Charlie V. Manalo
- Tuesday, 10 July 2012 00:00
Just when they thought they had finally claimed justice, compensated for the long years of work they had rendered the now defunct Pantranco, union members of the Pantanco Employees Association (PEA) and the Pantranco Retrenched Employees Association (PANREA) suffered another stab in the back, ironically coming from the very institution supposed to protect them: the government of the republic.
Last May 21, after almost three decades of trying to claim their separation pay from the defunct bus line, members of the PEA and the PANREA were finally able to dispose of Pantranco’s 489 expired bus franchises which they had acquired a payment for their claims from the company sequestered by the government during the term of President Noynoy Aquino’s late mother, Cory Aquino, to several bus companies, owned by the Hernandez family.
However, as the sale of the expired franchises had time and again, since 1993, been denied by the Land Transportation Franchising and Regulatory Board (LTFRB), the latest of which was in Jan. 5 this year, the sale had been questioned, prompting Transportation and Communications Secretary Manuel “Mar” Roxas to enter the picture and blocked the sale..... MORE
Source: The Daily Tribune