Concerns raised vs big business links in gov’t regulatory bodies By Gerry Baldo 07/21/2010

Concerns raised vs big business links in gov’t regulatory bodies

By Gerry Baldo 07/21/2010 Following the issue of too many Abads in the Aquino government’s budgetary and appropriations posts, serious concerns are being raised on President Aquino’s appointee in the water sector and the impending round of water rate increases. Rep. Neri Colmenares of Bayan Muna stressed that the presence of big businessmen in government regulatory bodies, such as the Metropolitan Waterworks and Sewerage System, should be a cause of concern for the consuming public. “I am extremely worried that this time the Lopezes, Ayalas, Pangilinans and other oligarchs will use their closeness with the Aquino camp to push even bigger price hikes and other concessions,” Colmenares said yesterday as he underscored the need to strengthen Congress’ oversight functions. “In this light, it is doubly important to have independent regulators for such utilities. In the absence of such regulators, Congress will have to be more aggressive in exercising its oversight powers and will have to pass measures stopping or reversing the ongoing deregulation and privatization of the utilities sector. Colmenares added that it is important to have someone in the MWSS, the Department of Public Works and Manila Electric Company who are independent and not linked to big business interests.... MORE Source:  The Daily Tribune URL: http://www.tribuneonline.org/headlines/20100721hed2.html

HEADLINES LP bloc far from gaining top Senate post—Drilon Concerns raised vs big business links in gov’t regulatory bodies 2010 budget depleted to 38%; deficit soars 2 Comelec execs reject Mikey as party-list rep Retired colonel in bribe try surfaces SC orders oral arguments on Hacienda Luisita case